Have you ever gone into a games shop, looked at a PS3 and wished that you had an extra $100 to buy one? Well if that is the case with you, then the good news for you is that GameStop and EB Games have a deal on at the moment that will get you $100 closer to a PS3 if you are willing to forgo your old PS2.

Joystiq is reporting that if you go down to your local GameStop or EB Games and if that store has a PS3 in stock, you will get $100 off it if you trade in your old PS2. This offer applies to both the 20GB and the 60GB versions of the console, bringing the prices down to $399.99 and $499.99 respectively. To avail of this deal you are required to have a working PS2 console with a Sony brand controller, AV cable, power cord and an 8MB memory card (any brand of memory card will do) and the trade-in is subject to manager approval.

On paper this offer looks amazing if you love your old PS2 games because the PS3 can play PS2 games. However, the obvious question to ask yourself is would you be better off paying that extra $100 so that you can play your PS2 games on a console that won’t make them look horrible? Either way you have a little over a month to consider this deal.