The PS/2 ports are apparently superior because of the following reasons, stolen from the OCN Mechanical Keyboard Guide:
n-key Rollover (NKRO)
This is when you can press as many keys as you want at the same time, and all of them go through. This is similar to what some 'gaming keyboards' incorrectly market as "anti-ghosting", even though Logitech and Razer only apply it to the WASD cluster (more on what ghosting really means later). You might also hear the term where n is replaced with a number (i.e., 6-key rollover), which means that up to that number of keys can be pressed simultaneously. Note that only PS/2 keyboards can exhibit full n-key rollover. USB spec limits keyboards to 6 regular keys plus 4 modifiers (but remember, it's not guaranteed, it's just a maximum).
PS/2 or USB?
PS/2 wins on three fronts: First, it supports full n-key rollover. Second, PS/2 keyboards aren't polled, but are completely interrupt based. And third, it is impossible for it to be delayed by the USB bus being used by other devices. There are two types of USB transfer modes - the interrupt transfer mode (USB polls keyboard, when key is sensed the USB controller sends the interrupt to the CPU), and the isochronous transfer mode, which reserves a certain amount of bandwidth for the keyboard with a guaranteed latency on the bus. Unfortunately, there are absolutely no keyboards made that use the latter, because special controllers would have to be used, thus making it cost prohibitive.
So if your keyboard supports both PS/2 and USB, and your PC has a PS/2 port, there's no reason not to use it.