neo geo
Top Hunter, hard to explain this exactly, it's a 2 plane action game with fighting game style special moves mixed with stretch armstrong.... that's really the best description I can think of
Baseball Stars 2, frantic, crazy, loud and lively arcade style baseball
Magician Lord, action platformer,
turbo grafx
AirZonk, wacky shooter, great music
AirZonk Rockabilly Paradise, cd air zonk, not quite as good unfortunately
Splatterhouse- action game in it's purest sense walk forward and bash enemys
Galaga 90, sequel to the original Galaga, use the power up mode to make the game more interesting
Blazing Lazers, part of the aleste series of shooters, I think, lots of action
Chew Man Fu, quirky odd ball co-op action puzzle game
Nes
Bubble Bobble, can't believe no one mentioned this one, some of the best 2 player action on the nes