One thing here though Ian Mate,
It will run fine on all your Imports and Backups of PS2 games N.P.
From Personal experience on the PS1 side of things (i had a PAL machine) so it could be different, but i could only play PAL PS1 games didn't matter if it was an Original or Backup but NTSC games would NOT work AT ALL
BUT HOWEVER if you got a Gameshark you can boot them after the Gameshark PS1 disk- Kinda defeats the object really but it works
Voted Best Avatar on PS2newz 2003 !!!
PAL V7 with DMS3,
XBOX V1.1 with Xecuter2.2 PRO Custom Hacked/Edited M$ Dashboard, Self installed and Blue Eject light, Clear jewel