Fancy playing old Sega Mega Drive games on your Revolution? No problem!

Speculated since the 'Virtual Console' was announced, but now announced by Nintendo president Satoru Iwata himself during his Game Developer's Conference addres, it has been confirmed that old Sega Mega Drive (and also Hudson) titles will be available to download on Nintendo's 'Virtual Console'.

No specific titles were announced, but Satoru Iwata also stated he wishes this to be like iTunes, and while others may try to imitate it nobody will beat them. Bold words indeed.

More from the GDC as it breaks.