The PlayStation 2 is historically the most sold video game console. Despite the popularity of this console, due to the age of this device, the survival of video games for this console is threatened. This paper covers the history of the PlayStation 2 device and discusses the cultural influences and importance of the PlayStation 2 for the world of video games. This paper also deals with methods, approaches and issues of preservation of video games for PlayStation 2 and preservation of the console itself. The analysis of scientific research on the evaluation of preservation methods of console video games, manuals on the care and handling of CD and DVD media is used to present the methods and problems of preservation of the original physical material, creation of backup copies and preservation through digitization through emulation. Physical preservation of the original material is very complicated and due to its nature that limits the use of the console itself and compatible video games, which is a problem for such an interactive medium. While it is possible to work around this by making backup copies, as explained in the attached video essays, the methods that would allow the use of backup copies are complex and their legality is questionable. Compared to today's capabilities and advances in emulation technology, emulation via the free and open source PCSX2 emulator has been shown to be the most suitable preservation method according to the 2009. research parameters, but contains potential legal complications due to the requirement to make digital copies out of the original physical discs. According to the Law on Copyright and Related Rights and according to the statement and proposal of the European Federation of Archives, Museums and Video Game Preservation Projects (EFGAMP), despite the promising technological possibilities of emulators, legal issues pose additional challenges to institutions such as museums, archives and video game preservation projects.