I don't get all the drama about the VC. Yes it ain't much, but think about it. The problem with the GC was the long droughts. The first 2 years weren't all that bad especially in the Western world. With loads of AAA titles left, they can make small re-launches all the time. In a years time peeple will be like "OMG I can get this game and that game again". I think its a good thing. Or I'd want a lot of them right of the bat. This way every month we can get excited about a particular re-release of something. It will be great I am already looking forward to it. And if the Wii is as popluar as they say they're hoping then this really will help it with a steady release of good nostalgicc games. Its also a bigger investment, to do when you haven't actually earnt anything from the actual product. So starting from a small one, then investing with what you earn from the actual venture is amuch smarter business plan.
In conclusion I am for it in every aspect. I am also one of those who is happy with the pricing strategy, as long as it doesn't convert into direct £. e.g. $5=£5, it should be like $5=£3.