Sounds to me like it's just going to be a combo read-only drive supporting all these formats - solely for the purpose of watching movies (presumably "taped" off TV or homemade, rather than downloaded)... Not a word about games, nor a drive actually capable of recording anything.
OK, WHAT'S THIS ABOUT PIRACY?? Just because Sony updates their PS2 with a drive capable of reading more different media doesn't mean it'll be any easier playing backups on it. Original PS2 games still come with copy protection and backups will still require a mod chip or whatever else it is people do with their PS2 systems. How is any of this "promoting piracy" on Sony's part???