299 MHz processor
147.456 MHz and graphics clock
32 MB RAM
4 MB eDram
compared to Pi
it should be able to emulate games can anyone tell me if it can or not and were i would find the emulator for it.
General rule for CPU emulation of hardware x (in this case PS2) on hardware y (raspberry pi) is that hardware y must be 10 times as powerful as x. If you go on clockspeed for the processor alone (not accurate comparison due to architecture differences) then the pi is 5 times underpowered for the job.
That is a generalisation of course, not entirely accurate. There are certain features about some platforms that make the easy to emulate on other particular platforms (N64 emulation on the PSP for example, both are MIPS based systems which massively simplified the CPU emulation stage, a level of emulation was still needed but not as much as emulation MIPS on ARM). There are also things that make it harder to emulate a certain platform on another, for example x86 emulation on ARM, the x86 instruction set is far more complex than ARM (infact x86 is categorised as a Complex instruction set computer, CISC, whereas ARM is RISC - reduced instruction set) and it ends up being very difficult to emulate x86 on ARM platforms with usable speeds. MIPS (PS2) on ARM (pi) is fair game but the 10x rule will still be sitting there in the way.