I loved the Rygar for PS2 as well.  I'm glad the series is making a comeback to a Nintendo platform.  Rygar is just effin cool.
Actually, it's nice to see so much support from Tecmo overall.  I wouldn't be surprised if we see some fighter using the Wii remote or a Ninja Gaiden for Wii.  Now all we (read: I) need is a Deception game where you could trigger traps with the wii remote.  That would be unbelievably amazing.