Venturebeat reports that Mechner has raised money through an angel investor and is now working with a small team on a remake of the fighter for release on PSN and XBLA this year. "Making the original Karateka was a labor of love," Mechner told Venturebeat. "To have so many people embrace it and share their stories of playing it has been really rewarding. I am always surprised to hear how much impact that game had. In remaking Karateka, I want to honor the original game with a compact, pick-up-and-play game that is fluid, atmospheric, and beautiful."
The original Karateka, for those of you not as old as us, stars a black belt who storms an evil warlord's fortress, defeating all of his guards and finally the warlord himself, to rescue a captured princess. We're doubtful that a new Karateka will have the same impact without the beautiful 2D animation ... but we thought the same about Prince of Persia, and that didn't turn out too badly.
[Image: original Karateka, Apple II version]