I've always been confused about this game. Why is it on the Playstation 2 and not the Playstation 3?

Probably because a LOT more people have PS2s.

Because one of the character models on the PS3 would cost just as much as making the whole game on the PS2. 
 
And as Megalon mentioned there are way more PS2 around then PS3s.

" Probably because a LOT more people have PS2s. "

To sum up what everyone else said: money.

" @Megalon said:

" Probably because a LOT more people have PS2s. "

yup. "

Larger install base, lower licencing fees.

A lot of assets already existed from other SMT games, they could use the same engine, etc. Doing a lot with a low budget is Atlus's successful business model.

Cheaper to make a game for the PS2. More people have PS2 than PS3. So larger profit.

" @ProfessorEss said:

" @Megalon said:

" Probably because a LOT more people have PS2s. "

yup. "

If you're going by that logic, then why isn't it on the Wii? Unless it's made by SONY. Which again would seem weird because you would think SONY would make a game for their PS3. "

I figure that the PS2 has a huge share of RPG lovers must have had something to do with this. Everyone who knew about the Shin Megani games before P4 I'm sure has a PS2.

" @ProfessorEss said:

" @Megalon said:

" Probably because a LOT more people have PS2s. "

yup. "

If you're going by that logic, then why isn't it on the Wii? Unless it's made by SONY. Which again would seem weird because you would think SONY would make a game for their PS3. "

" @Mr_Bubbles said:

" @ProfessorEss said:

" @Megalon said:

" Probably because a LOT more people have PS2s. "

yup. "

If you're going by that logic, then why isn't it on the Wii? Unless it's made by SONY. Which again would seem weird because you would think SONY would make a game for their PS3. "

Easy development combined with an established and predictable userbase that's known to buy third party games. "

Its a PS2 game is why. They wanted people to, you know, play it. And they're not fool enough to try and pass a PS2 game off as a PS3 game. Basically, they did it cus they're smart and companies like NIS are dumb as hell and out of touch.

" I figure that the PS2 has a huge share of RPG lovers must have had something to do with this. Everyone who knew about the Shin Megani games before P4 I'm sure has a PS2. "

" @ProfessorEss said:

" @Megalon said:

" Probably because a LOT more people have PS2s. "

yup. "

If you're going by that logic, then why isn't it on the Wii? Unless it's made by SONY. Which again would seem weird because you would think SONY would make a game for their PS3. "

It was always designed for the Japanese market first and foremost.

because their are alot more ps2s in japan than their are anything else.

" A lot of assets already existed from other SMT games, they could use the same engine, etc. Doing a lot with a low budget is Atlus's successful business model. "

It is awesome that this game came out in my region in 2009 and was a successful PS2 title. Honestly i wouldn't have it any other way.

It's a Japan thing.
 
I wouldn't be surprised it makes it to the PSP just like  P3.
 
A PS3 title would have been criticized if it looked like P4. And the budget they had probably made more sense on the PS2 anyways. 
 
Not a knock on the system or graphics mind you, it just suited the PS2 perfectly well.