Here is the story:
Microsoft feels it is a good idea to have an version of the virtual console for the 360, in the form of Game Room. They then release it, and say things, then reality is different (like talk of Double Dragon coming out), and they delay new releases for a month. From here, they go into "Delayed until further notice". The company they had doing the work, Krome, lays off a bunch of people. And now, Game Room is in limbo.
I am at a loss to find the right words to describe the level of fail manifested in this.
And here is one of multiple articles on this:
http://www.shacknews.com/onearticle.x/63538











