I've been watching a let's play shenmue on youtube to remember how shenmue was as when i first played it as a 11 year old kid,and i have to be honest with myself that it really hasn't aged all that well,it's not just the textures but the long long times,tank controls,laughable English voice acting with terrible lip syncing.
I hope they don't just release a up ressed version of shenmue I &II because i think it will ultimately leave newcomers of the franchise (which would account for like 95%) with a bad first impression of the series but it would seriously hamper a release of a third.
The final fantasy x hd remaster that's coming out early next year looks to be decent but i think FFX has aged considerably better than shenmue.
So here's hoping for a full remake/reboot for the series,I know this is probably a long shot but seeing as Yu had a interview with David cage of Heavy rain and beyond:two souls fame that maybe he could be in on the project?
The Dark sorcerer
http://www.youtube.com/watch?v=BqeuHGESZBA tech demo running on the ps4 looked pretty dam good to me,imagine shenmue envisioned with that kind of fidelity...