http://seganerds.thekartel.com/go/thread/view/87386/22028065/Sega_nation_:_Yu_Suzuki_needs_you...
More screenshots here...
They're right !
95% of shenmue graphics elements are included in yakuza 3,4, kenzan and virtua fighter 5.
So it's not a matter of money for a remake. (it could be done in a couple of months and few efforts).
Ask Sega for a remake (on sega's facebook page)! Show shenmue fans are here to support the saga !
Yu Suzuki forever !
Edit : I am not playing with emotion :(
Try to give a look at the link (even 1 minute) and you'll understand there is some truth... (the remake is ready...sort of speaking)
edit : first screen/yakuza 3 (clone of dou nyu) and ryo hazuki in shenmue passport.
second screen : Shenmue 1 vs yakuza 4 (another clone)