News via IGN

Today SEGA announced the SEGA Genesis Collection for PlayStation 2 and PSP will be released this fall. The Collection will be the first time many of these Genesis titles have been seen on a console since SEGA Smash Pack Vol. 1 was released on the Dreamcast in 2001.

"The Genesis was the first 16-bit gaming system released in 1989, setting a new standard for gaming hardware technology for years to come," said Scott A. Steinberg, VP of Marketing, SEGA. "SEGA Genesis Collection will take gamers back to experience the golden age of gaming during the 1990s."

Developed by Backbone Entertainment, SEGA Genesis Collection features over 30 titles, including Altered Beast, Sonic the Hedgehog, Shinobi III, Phantasy Star, and the original Genesis version of Golden Axe. The games in the collection have been reproduced with the utmost accuracy to the originals as possible. Genesis Collection also features numerous unlockable items that delve into the soul of the Genesis such as interviews with the original developers, a museum area with factoids about the titles, a hint area to help gamers achieve the golden werewolf form in Altered Beast, and SEGA arcade games from the Genesis era.

SEGA Genesis Collection for the PSP system marks the handheld debut of many of these games. The PSP's wireless function will allow Genesis fans to connect with friends for wireless, 16-bit multiplayer gaming.

SEGA Genesis Collection will be available this fall.

This will be quite an interesting release for both the PSP and PS2 scene and especially for hackers who will look over the file format with interest, back in the Dreamcast days Sega released the Smash Pack and the emulator was ripped from it and was called Segagen, whilst legally the scene should stay far away from doing that its certainly interesting to see if Sega go for a port of those old games or if its an emulator which for new collections may be the easier way to go. All shall be revealed soon i reckon