I still wonder if it's Nintendo's fault or Midway's fault that the Mortal Kombat games have not appeared on the VC. Back in March 2007 Midway confirmed that the Mortal Kombat games would be released on the VC. It's been over three years and no Midway games have appeared since then (in fact, very few games from western publishers have appeared).
With respect to the MK license, it was my understanding that as of last year that has been in Warner Bros.' hands.
But of course, Nintendo has yet to release titles that they hold the licenses to that fans have been demanding. All this on a distribution platform that they would certainly make back what little money they put in to the emulation.
More importantly, where is my GB virtual console! I may be a sad individual, but I want, nay, need to play Link's Awakening on my DSi XL! For those of you that say it would look bad- I enjoy playing that game on my big LCD screen anyways.