Yes.
[Link: remotecentral.com]I have done this, and it works great. Please note that I think the button list in that article is incorrect (at least it was with my Sony PS2 remote), so I just noted what each button did on the PS2 remote, then mapped that to my 880. I have also found that the ^<> and down do not work. My total investment was $16 (10 for the PS2 remote/IR receiver, 6 for the PS-USB adapter - both used from a local game place). The USB lead is long, so I ran it down into my component cabinet beside my receiver so it can't be seen.