In my opinion, I don't think Nintendo will release too many new officially licensed franchise games like Mario or Star Fox on the virtual console. I do think third parties could use it to make games though. I think Nintendo will stick to the DS/Wii/whatever in future years to release official games. I hope support for an external hard drive / flash drive becomes available. If Nintendo made or supported an external hard drive, it would bring so many more possibilities for the Virtual Console.
LEFT4DEAD411.COM
Bet with disolitude: Left4Dead will have a higher Metacritic rating than Project Origin, 3 months after the second game's release. (hasn't been 3 months but it looks like I won :-p )