Ok, soo most PS3 owners are awaiting the release of God of War 3, well it just became an offer you will never be able to refuse. This news is directly from IGN(yeah i said it, come and get me Mods!!!):

God of War Collection Announced

Set your jaw to "dropped" -- the first two games are getting a Blu-ray releaseAugust 31, 2009 - A few months ago, a Sony survey popped up asking God of War fans what they'd like to see to celebrate the upcoming release of God of War III. There was the normal stuff on there like a collector's edition, behind the scenes Blu-ray, etc., but the one that raised the IGN eyebrows was a compilation of the first two games

Today, the God of War Collection is a reality.

This "holiday season," one Blu-ray will be released that houses both the original God of War and God of War II. Obviously, the Blu-ray disc means that it's not a PS2 game and thus there's no need to worry about backwards compatibility. These PS2 games will be remastered and pack 60 frames-per-second action, 720p graphics,and PlayStation Network Trophy support."We are excited today to announce God of War Collection," said Scott Rohde, vice president of Sony Worldwide Studios America. "Our fans spoke and we listened; thanks to our partnership with Bluepoint Games, fans and newcomers to the series can experience the epic God of War and God of War II saga in stunning 720p on PS3. This Blu-ray Disc compilation brings Kratos to PS3 even earlier than expected."

The best news? All of that will only cost you $39.99.------------------------------------------------------------------------------------------------------------------------------------------

Yup, you read it right!!!!!! (i copied the text only for ya'lls convience)
God of War 1, 2, AND 3 all with trophy support and all together for only $40!!!! i'm preordering this as soon as possible.....Now THIS IS A COLLECTOR"S EDITION!!!!Sony has set the new bar