Nintendo Direct presentation, Nintendo president Satoru Iwata revealed that Virtual Console will soon be enabled on the Wii U. It's set for this spring, after a Wii U system update meant to improve the speed of launching software. Another update is planned for the summer that will improve the speed of returning to the Wii U menu.
The Wii U Virtual Console will launch with a selection of NES and Super Nintendo games, though Iwata noted that it will not launch with the entire library already available on the Wii Virtual Console. The reason for this, said Iwata, is that Wii U Virtual Console games are being newly developed especially for Wii U and will feature the ability for players to save their progress and play directly on the GamePad. Furthermore, the Wii U Virtual Console will eventually include Gameboy Advance games. (What, no Virtual Boy?)
NES games will run from $5 to $6, while Super Nintendo games will run from $8 to $9. However, users who already own a particular NES or SNES game for the Wii Virtual Console will be able to pick up its Wii U counterpart for $1.00 or $1.50, respectively.