Save as Photoshop 2, why

Hi, thanks for reading.
In CS5.5, there is still the option to save as photoshop 2.
Why would anyone want to do that?
What is the advantage?
Thanks so much,
Warmly, Hope

No advantage unless you actually have photoshop 2 or photoshop 1 and want to save your files (psds) so photoshop 2 or 1 can read them.
The photoshop 2 file format doesn't support layers and windows versions of photoshop can't read it and mac photoshop cc doesn't even have the photoshop 2 format as an option.
There may have been other adobe and non adobe applications that supported the photoshop 2 file format as well.
In other words, probably not really useful for modern computers and applications.

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