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Do you need to softmod the console to use this or is it just plug and play?
This is probably what you're going to want on a slim PS2. The system has USB ports, but they're USB 1.0 ports, which means data transfer is slow and games don't run well, particularly those with full motion video clips. The memory card slot has faster data transfer, but memory cards are limited in size. However, they can be made compatible with SD cards, as the technology is fairly similar. You either pay about $20 for an MX4SIO, or cook one up yourself by bridging the connections of a micro SD card adapter to the pins of a memory card (note: it must be a Magic Gate card; third party memory cards without this technology work poorly, or not at all). I haven't tried it myself, but it's within the realm of possibility even for soldering klutzes, requiring mostly straight point to point connections with a resistor or two added.
So uh
What's everyone's preferred GDEmu clone these days?
I always wanted to try Fighting Street, I never have haha. I'll probably just boot it once.
I think it supports Arcade Card games, so I'll download Sapphire, though I think I do have Gate of Thunder on there already (it's a HuCard game, right?). I think the only thing this card can't do is Supergrafx without actual Supergrafx hardware, which I don't have (and don't plan on getting. I'll emulate those games if I want to play them - the Supergrafx is hideous looking lol).