Update: Bootsector_ has now updated to PVCS Reloaded v0.2 for PS2 and PVCS Reloaded v0.2 for PS2 (SRC) which features improved sound (near perfection).
Bootsector_ has released an update dubbed PVCS Reloaded (based off the PVCS Atari 2600 emulator by BraveDog) for the PS2... which attempts to bring PVCS 1.3 back to life!
It now supports the following devices:
:. Memory Card
:. USB Devices
Download: PVCS Reloaded v0.1 for PS2 / PVCS Reloaded v0.1 for PS2 (SRC)
This version was converted to PS2SDK/GsKit by bootsector. According to the update's author, it still has that awful sound though... but is a WIP project and there are still many features to be added.
More PlayStation 3 News...