If my memory serves me right, the serial mouse protocol and the PS2 mouse protocol are not the same. The adapter between ps2 and serial simply changes the form factor. The mouse itself still needs to support the serial protocol.
My guess would be that by the time optical mice were around, the serial protocol was dead long enough that no one bothered to make a mouse that would support the serial protocol. Further complications may also arise due to the fact that nearly all optical mice were USB from the start, and relied on a USB to PS2 adapter for "legacy" support. I'm not sure how the pins even map from USB->PS2->serial. It may not even be possible to daisy chain the adapters together to make this work.
So I concur, just get a serial mouse, or barring that, there were a number of PS2 mice that supported serial via an adapter.