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Yeah, it definitely a chip based on Neo Technology if u need RegionX to boot. Basically get rid of it, In fact sell it second hand and pick up a second hand version 5 or above and get an M2 fitted.
As mentioned, the neo will seriously reduce the laser life in yr ps2 and u would be much better with version 5 or above as they have different better laser fitted and r much more mod chip friendly laser wise!!
rEGARDS
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Zap Brannigan quote - "You remind me of a younger me Fry, Not much younger mind, perhaps even a little older."
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