About the emulation: i don't think Saturn being much harder to emulate than Snes. After all, Snes had a nice bunch of processors.
And do you know what the amateurs don't have access to? The original game data. Sega can modify every game to run on Wii even natively if they want to. Or they can make an emulator for each game. You see, the games on Virtual Console aren't just "put in there", they all are modified somehow.
Now, the emulation we're talking about isn't emulation from original game discs, it's emulation from Wii specific files. Of course they are trying to make emulator which will work with as many games as possible, but an emulator which works with all games is propably impossible, so they need to modify the games or make more emulators than just one.

Please, no Sega Saturn for Wii VC. We dont need anymore garbage flooding the VC...

Every console is welcome on the virtual console.

True...

And,lol,in 10 years,when the Wii 2 will finally got into the stores...it will have Ps3 and xbox 360 games in download content on the Wii 2 virtual console.

Maybe they can. I never said it was impossible :) I just said I wasn't sure if it could be done. I hope the engineers at Nintendo/Sega prove me wrong. We will see.

I don't think there will ever be an HDD in any Nintendo device, given reliability concerns. If they do expanded storage it will be solid state flash storage. Or they could just let you run game directly from the SD card which would probably require a modification of their DRM scheme but would be a cheap and simple way for everyone.

I do agree with the argument that the Saturn could be complex to emulate. Mamy of the guys who wrote those Saturn games in the 90s have probably moved to other jobs and other companies and other industries right now. I don't know a lot of Sega Saturn games I would be interested in though. Maybe Panzer Dragoon, that might be the only one.

I don't agree that DivX and MP3 are modern codecs. These are just terribly, terribly outdated -- something like the MS-DOSes of the digital media age.

Nintendo have just removed MP3 from the Wii Photo Channel and replaced it with AAC. The natural choice for a video codec would be h264.

Both Panzer Dragoon 1 and and 2 are on GameTap

Panzer Dragoon 1

Panzer Dragoon 2

They both "gold" games, but like I said earlier I can get you a 3-month free pass

@reverie: I was thinking of external USB HDD, which would be optional for a cost. But i agree that Nintendo will have flash memory as built-in in the future too.
Considering the A/V codec, i'd see AVI or MP4. BTW, what's h264? Sounds familiar, but it didn't ring a bell. Even that MP3 and DivX are outdated, they still are "improvement" to what Saturn used.

@krik: You'd make a good salesman. Could you tell us a little more about Game Tap?

Here are some sizes for saturn games for you guys

Lunar Silver Star Story MPEG - Saturn - NTSC-J 465.19 MB
Riglordsaga 2 - Saturn - NTSC-J 445.49 MB 3 1
Super Robot Wars F Complete - Saturn - NTSC-J 689.07 MB

Capcom Generations Vol.5 - Saturn 260.29 MB
Doukyuusei 2 - Saturn - NTSC-J 999.48 MB
Dragon Force II - Saturn - NTSC-J 470.58 MB
Macross DYRL - Sega Saturn 608.75 MB
(SATURN) Mortal Kombat Trilogy (U) 309.39 MB
(SATURN) D 835.82 MB
(SATURN) Three Dirty Dwarves (U) 306.61 MB
Wipeout 1 - Sega Saturn in Sega Saturn 458.84 MB
Panzer Dragoon (U) for Sega Saturn 453.35 MB
(SATURN) Parodius - Forever With Me (J) NTSC 171.88 MB
(Saturn) Sexy Parodius (J) Ntsc 258.47 MB
(SATURN) Nights Into Dreams (U) NTSC 372.79 MB