Is this Limited Edition (bestbuy.com) what you are talking about? Because I can't see anything special about that other than it's a regular old PS2, but that may be what's special about it, since its not one of the newer ones (bestbuy.com) that comes with the network adapter (and I think a built-in IR port for the DVD remote).
I had heard something about Sony dropping the price on the online bundle to $179.99, but the above ad indicates I may be incorrect.
It's been nice to have at times on the 360, but the bad thing is they just don't offer a big enough selection for streaming. I went into it thinking anything you could rent from them would be on there, but that's not even close to the case.