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Unfortunately, I doubt they will enter the market. The home consoles market is too competitive today, while the handheld has less companies. One problem in entering is that Nintendo always generated massive numbers there, while GG never got to much of a chance. Sony already did good numbers with the PSP and the Vita with their current Japanese numbers will probably double the original GG numbers.

Despite that, if they did I would buy it without hesitation, day 1. They just shouldn't call it Game Gear, it was a more 90's name and it wasn't as succesful as they wished. If Sega returns to the hardware scene, they should make clear that their new devices are a different approach compared to their old ones, show us a new Sega.