I don't know if the situation for PS1 games was the same. Do you have any sources for this? Why was the list short? Where did they say that pubs had to allow this? Where is the info they actively didn't support it? Btw, with PSOne Classics the money went to Sony first. Here no money goes to MS, it goes straight to the publishers like sales do when you buy for 360 (well, actually you buy them on/for 360 ;)).
And no, there is no "resubmit", it's just an "allow". If it will be the minority of the library we will see. We are not talking about a 2 gen difference here but only one gen where you can expect more sales than with games over 10 years old, especially considering these games get sequels on the next-gen system able to emulate the old games. They can even make bundles like with Fallout.
But yes, hopefully they get the majority of *all* titles.
