Do old gaming franchises actually have value?

[joeorc]

flagship said:
Fallout 3 should pretty much answer that question for you.

If done properly and the fan-base still exists, then a new sequel will provide the hype and publicity platform to success.

LOL, i was going to say that also:

example:

If you just look at the Fallout IP history:

fallout:

fallout: 2

fallout: tactic's

than 

fallout: brotherhood of steel FOR XBOX, AND PS2

NOW 

FALLOUT :3

AN SOON TO BE MORE FALLOUT GAME'S TO BE RELEASED

If the IP is done well with revamp's and there is a demand for it I do not see why the old IP would not hold value