They just released an updated list of the Virtual Console games slated for 2006. It seems a bit lacking in the Nintendo department, but some stellar Genesis games are on the list.
Included is an updated list of the 2006 Wii titles and VC titles.
http://wii.ign.com/articles/742/742962p1.html
Will the Virtual Console have online capabilities; will I be able to play Ice Hockey with others online?
If not, boo you Nintendo!
The VC has the capability to surpass XBL Arcade if two things happen:
1. Large Selection of Titles.
2. Online Capabilities.
Really, if all Nintendo did was work on porting old games onto the VC and re-designing the interface and implementing online gameplay, they could win the console war. Who wouldn't want to play the countless classics on NES, SNES, Genesis, N64, online? Imagine the possibilities...