After an apparent manufacturing issue caused some initial slowdown in producing the new unit, Sony reportedly underestimated demand, caused in part by shortages between the time the old units were cleared out and the new units were ready.
Due to its thinner profile, it does not contain the 3.5" expansion bay, and therefore does not support the internal hard disk drive but due to the presence of USB 2.0 ports an external USB Hard disk can still be used, and now uses an external power supply, like the Gamecube.
In September 2004 Sony unveiled the third major hardware revision (V12, model number SCPH-70000).
Not only did Sony roll out the PS2 online adapter in late 2002 to compete with Microsoft, several online launch games were first party titles such as SOCOM US Navy SEALS in order to show that Sony was supporting this feature actively.
Sony has also made a PVR/DVD burning consumer device that plays PlayStation 2 games called the PSX.
It is widely believed that Sony has abandoned support for the hard drive.
This allowed the PS2 to tap the large install base established by the PlayStation.
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