The trailer for the WiiWare version of Phalanx(after the break) reveals that it looks very much like a 16-bit game, rather than a remake of a 16-bit game. In fact, it looks identical to the Sharp X68000 version upon which it is based (and which is included in its unaltered form in the 500-point download).
Essentially, developer Zoom is using WiiWare to release a Virtual Console game whose platform isn't supported on the Virtual Console -- with some new bonus content, like a new mode with new stages and manual weapon selection. We approve of this tactic. Phalanx will be released on December 22 in Japan.
Well, if you console isnt on VC and want to release games on the wii then WiiWare its the perfect place to do it. Its what devs have been doing to release classics on 360 and ps3
Kinda crazy if you think about it... Most 16-bit Virtual Console games are 800 points, and here you're getting an upgraded version of a 16-bit game, that their developers presumably had to port all of the code over for rather than just emulating it, with all these new features for only 500!
Makes you realize that Virtual Console games are a bit overpriced... I wish they'd at least sell them cheaper in bundles or something.