Awesome news for people who love 8-bit games, or just wonderful things: Sega Master System games will be offered on the Japanese Virtual Console starting in February, with other territories to follow. It looks like the base price for games will be 500 points, with the customary 100 tacked on for licenses. Sega Mark III games and even Game Gear games will be offered for download -- marking the first handheld games available through the VC, all thanks to the Game Gear and the Master System using identical hardware.

The first two offerings? Fist of the North Star for 600 points (yay?) and Fantasy Zone for 500 points (yay!) Neither Nintendo nor Sega have updated their Virtual Console pages to reflect this development, so we'll get to freak out again when that happens. For now we can just dream about what the future holds. Remember ALF? He could be back -- in Virtual Console form.