Thanks to AzNDuDe for the submission…
Well you’d never think it’ll be possible yet but hackers have found a way to play backup games on the ps3 using a loader - i.e linux a popular distro is the Fedora Core 5, It is also possible to use it to play emulators like MAME (arcade games) though an application called AdvanceMAME.

A few games are out already most of them dumps titles like Ridge Racer 7, Call Of Duty 3, and the massive Resistance fall of man on blu-ray disc @ 15.5 GB! It’s going to be hard to back up though on a blu-ray burner but games like CoD3 will fit on a DL disc @ 6GB, that said the console looks pretty promising. The price that it retails for $999 last i read is harsh on the pocket. Anyways I’ll probably get one when its released in Australia, Its already been launched in the US! More news on the ps3 can be found over at PS3 News.