PS/2 connectors lived on motherboards for a very very long time after mice and keyboards went to USB.
This is also related to the fact that a lot of high-end keyboards/mouses are also PS/2.
They don't cost more than USB, are simpler in many ways, and if the mobo has dedicated ports for them, I think it make sense to plug the keyboard and mouse there to free up USB ports for other peripherals that are almost exclusively USB.
The link below has several outlined though I can’t speak to their veracity or relevance anymore
https://superuser.com/questions/341215/is-there-a-distinct-a...
You can easily see the difference - with 125Hz it's impossible to draw a good circle with a mouse since it will always draw short straight lines