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There going to be released as one game (for a want of a better way of phrasing it) and are due out November. Titles include Sonic the Hedgehog, Altered Beast, Golden Axe (All three), Ecco the Dolphin, Phantasy Star, Shinobi (believed to be II) and Virtua Fighter 2.
Is it just me or have most people, whod be interested, already got an emulator on their PSP running these? Personally mine's on my GP2X, but they seem to be jumping on a long gone bandwagon here... unless its there attempt to stop people buying a Wii to run emulated games.