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The Virtual Console is not an emulator, it is a service.
There seems to be some confusion over exactly what Virtual Console is here. Is it not both an emulator *and* a service? My understanding was that Virtual Console is basically the combination of:
- a suite of emulators for older Nintendo hardware
- some licensing and publishing deals that allow Nintendo to sell the back catelog of games previously released for this hardware (as Nintendo don't necessarily own the right to re-publish this stuff on new hardware)
- network infrastructure to push this stuff out to Wii users
- means for collecting electronic payment.
They also suggested that they'd publish indie games targeting Virtual Console. I'm pretty sure that what they meant by this was that, as well as distributing these games over the VC network and charging for them electronically, these games would have to target the older hardware Virtual Console supports. I don't think they were proposing giving these indie developers full access to the Wii hardware. I'd like to be wrong here - anyone have any evidence to the contrary?