“Shenmue HD is real [and has been] finished for well over a year. As is Shenmue II HD” — according to an industry source close to Gamerzines.
Here’s the rest of the claim – “According to our insider, SEGA chose to sit on their release until it had a clearer picture of the future for the Shenmue franchise, namely, whether or not Shenmue III would ever see the light of day.”
The article goes on to say both HD remakes would likely make their way to Xbox Live. As for Shenmue III, could SEGA actually be thinking what we’re thinking? We sure hope so. Make it happen SEGA!