According to Gamerzines, an inside source has told them that Shenmue HD is heading to Xbox Live Arcade and PlayStation Network. What’s even more surprising is that the HD port has been done for over a year now. The same goes for Shenmue II HD.
So why isn’t the HD ports out yet? The insider said that Sega doesn’t want to release it yet because they’re trying to decide on if there will be a future in Shenmue, specifically Shenmue III.
How about this, just release the HD ports already, see how many people buy them, and then decide whether to go ahead with Shenmue III based on sales.