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Ka-pi96 said:

hmm, wouldn't most of the good games from the PS1 being available on modern platforms already kind of screw that over though? Most of the good stuff got re-released digitally on PS3, a lot is on PS4 or Steam. Some like Crash and soon Spyro have been completely remade for modern platforms.

It just seems kind of redundant to me.

I think Nintendo has proved there is a market for a dedicated system.  Even with the virtual console stuff on three of their systems, people were/are clamoring for the nes/snes classic.