A new report is claiming that Sega has been sitting on finished HD remakes of Shenmue and Shenmue II for over a year, waiting for an apt release window.

cites a person with "ties to Sega" as the source of this information. " Shenmue HD is real [and has been] finished for well over a year, as is Shenmue II HD," says the source.The reason for the delay, evidently, has been uncertainty over the series' future and whether Shenmue III would ever happen (short answer: no). The HD remakes are reportedly headed to PSN and XBLA.With Jet Set Radio heading to Xbox Live, and re-releases (not remakes) of Sonic Adventure, Space Channel 5 and Crazy Taxi already widely available, it's not absolutely out of the question that Shenmue I and II might make their way to modern consoles after all. Shenmue II was remade for the original Xbox in 2002 following a Dreamcast release the previous year.In their day, the Shenmue games were amongst the most ambitious video games ever made, featuring huge, living cities - Sega's Yakuza series is often considered their spiritual successor. If an HD remake does indeed exist, would Shenmue stand the test of time?