Here's our transcription (via Conrad Quilty-Harper):
VGM: It was recently made clear both by Rare and
Microsoft that all the Rare owned licenses are owned by you guys now. What's the likelihood of a game like Goldeneye
that was on the Nintendo 64 showing up on Xbox Live? 'Cause that game would do rather well ... ohhh, there's the smile!
'Wait for E3!'
Greenberg: No, the smile was just that you guys are asking very good questions. So,
here's the best way to answer that: I would say is that as far as I know we don't have plans to bring those
types of games on Xbox Live Arcade ... Some of the games that were ... on the N64, those games were pretty
large and are still gonna be pretty hard to distribute digitally depending on the title. I think even if you look at
what Nintendo's planning on doing in this space ... it's 8- and 16-bit games, it's not 32- and 64-bit games. So yeah,
we're excited to have Rare as a developer ... But we don't have a big strategy around bringing a bunch of those
games in particular [to the XBLA].
[Thanks, Master X 24]