After months of rumours and speculation, Sega has finally confirmed it will re-release Dreamcast classics via the PlayStation Network and Xbox Live Arcade, beginning later this year with Sonic Adventure and Crazy Taxi.

“Each game is based on the original Dreamcast incarnation, featuring all of the gameplay that older players fell in love with, whilst allowing a new audience to discover it for the very first time,” said Sega.

“The games incorporate all-new enhancements and features such as high resolution visuals and surround sound. Online leader boards are now implemented, allowing players to compare their skills with friends across the world! In addition to this, all-new Achievement and Trophy integration will be available for each game released.

Look out for pricing, screens and movies to be released at E3 next week. How long until Shenmue is announced for the service?