You can softmod your ps2 for free so that you can maximise your experience with it. After softmodding you can do what you like - no modchip required. Your ps2 is instantly a media center (if you can get ps2 reality to work).
Anyway Independence Compiler is a tool to help you exploit your ps2. To see how it can help you, read and fill out the form at the bottom of this page:
http://ausdigital.net/?go=start