There are several reasons, like the ability to connect several devices (like, say, a mouse and a handheld trackball for presentations, or a fullsized keyboard and a small portable for the couch), the fact that some laptops don't have a PS/2 port, or the fact that companies are trying to phase out PS/2 to cut design/manufacturing cost of boards/chipsets.
<font color=blue>You're posting in a forum with class. It may be third class, but it's still class!</font color=blue>