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Normally not but you can install a app where you can play it without disc.
Only if you have downloaded it on your Memory Card.
yes
by changing the PC to be able to play PS2 games which is called emulation and not by changing the game disc to be able to play on the PC
i used to have "The Godfather" on PS2 & i now have "The Godfather II" on PS3. What I think is that, the GF2 is better for graphics but the GF1 is more fun to play.