Well, I have made the move and used my credit card's Sony points to get the PS2, remote and a second controller.
I was kind of worrying about the quality control in China at the beginning (due to my experience and other postings of AV-electronics made there) but I figure PS2 is Sony's flagship game console and it's one of their major profit-making products, Sony better not messing it up.
Given that I bought the system. Now, I just need to wait for the US release of the Gundam games including Gundam DX, Gundam Assualt 2... (yep, I have played the Gundam DX arcade version in Toronto, like it a lot, realize that PS2 version is coming out later this summer and that's why I bought PS2)