a true friend would cut him the fuck off, you talked to him and it didnt work. it was worth a try.
cut the motherfucker off and feel like shit about it, but cut him off.
in a few weeks he'll start to feel better.
if you dont want him blaming you.........fake an internet problem or something, or sell your ps2 or hide your ps2 and tell him you had to go get it fixed cause somethings wrong with it