Software developer ran-j (Ranieri) has announced a project called PS2Recomp, which aims to recompile PlayStation 2 code for modern platforms like Windows, Linux, and potentially Android. The project is open-source and available on GitHub for developers and gamers to contribute. PS2Recomp is inspired by the N64Recomp initiative and seeks to address challenges in current PS2 emulation, such as high power demands and graphical glitches. The focus is on PC development, and while no playable games are available yet, updates will be shared regularly.