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Sega licensed handheld and TV game

According to DCEmu, Asian Toy Source, makers of the PSPonTV device, sent out a press release stating, "we have finalized the official license from Sega to manufacture many Sega licenced TV game systems and a hand-held console (like Gameboy)." They say the plug & play TV game system will support 10 or 20 games, from a library of over 50. It is unclear through which process users will be able to select the games they want:

"This means you can get the list and choose 10 or 20 games to put inside each game console. You can do less than 10 but the cost would be the same as 10 games. But for example, you can create a Sega Sports game system just for sports games, or a Sega Sonic game system just for Sonic games...however remember the price stays the same for 1 up to 10 games."

There's a handheld also!

"We are developing a Sega hand held system also (like Gameboy), which will contain 20 games of your choice and have a high quality 2.5 inch LCD screen. For an additional cost, we can create a cartridge based version as well, so you can have 20 games inside plus sell multi-game cartridges also."

Again, how will users be able to select these twenty games? Atari's Flashback units have proven to be big sellers, offering people all the nostalgic gaming they can handle for $30. Sega apparently hopes to emulate their succes. Does their newfound interest in capitalizing on their back catalogue of games bode well for inclusion in Nintendo's virtual console?

[Thanks, craig]