By going full steam at this now, he's wasted easily thousands of dollars. The system is still live. When it finally is put to bed, that's when he should have gone for it. Won't change the state of sealed games much from what it is now, but the price will start to go down. As it is, he's going to pay full price for any new title coming out for the PS2 just to maintain that full set. Just doesn't sound like a smart use of their funds.
And it's funny how the one regular NintendoAge poster is the one to accuse everyone of jealousy. Just because we don't blow everyone who spends gobs of money like the members at NA doesn't mean we hate or envy them.