If you're a fan of Sega's most-loved classics from the mid-'90s, then the newly announced Sega Model 2 Collection is for you. The publisher will be bringing five of its classic games to PlayStation Network and Xbox Live Arcade, including Virtua Fighter 2, Virtua Striker, Virtual On, Fighting Vipers, and Sonic: The Fighters, for individual release in 2012 and 2013.
The trailer you see above comes straight from Sega of Japan, and the clips from each game seem to confirm that these are straight-up ports rather than HD remakes. There's no confirmed release date for any of the games in North America just yet, but the 800 yen / 800 MS Point price for each one probably means a similar $10 / 800 MS Point cost here in the U.S. as well.
The "Model 2 Collection" name refers specifically to Sega's Model 2 arcade board, the platform that these and other Sega titles -- including fan-favorites like Daytona USA and The House of the Dead -- ran on in arcade parlors.