Just downloaded Contra: Shattered Soldier and I think it looks awesome. When you switch the view mode from Normal to Off, it displays the game in its native 640x480 res, except now progressive scan, which I don't think the original PS2 game had the option. It looks minty crisp on my HDTV, yo (far better than what component cables did for PS2 games that utilize 480p). Not as good as an uprezzed conversion, but still bangin', and I can switch my TV from Native (no overscan) to Natural and it'll fill the image out to the top and bottom of the screen. Now I REALLY wish I had a PS3 that plays PS2 discs. Would it really be so difficult for Sony to release firmware that emulates PS2 games from the discs? For that matter, why can't PSP downloads be played on a PS3? Razzin' frazzin'...
Definitely gonna hafta get Lament of Innocence now.