RazorX has updated his app once again, this time adding support for PS2 classics:
increased eboot compatibility, when booting app it will create a ps3 folder if you have your act.dat and idps or idps.bin simply copy them into this folder the folder will not be deleted on exiting.
added extras menu.
added the ability to convert ps2 isos or bins to ISO.BIN.ENC.
added the ability to create a ps2 classic pkgs from the newly created ISO.BIN.ENC this will create pkg files you can install on your ps3 at the same time not 1 pkg that will overwrite.
32 bit: http://www.sendspace.com/file/qr9xso
64 bit: http://www.sendspace.com/file/zyqrs2