Nintnendo has signed
a deal with Commodore to bring classic Commodore 64 games to the Wii Virtual Console. This is certainly good news for really old school gamers who played the old system "back in the day" and should allow the current generation of gamers to get a glimpse of some of gamings earliest roots. The first games out the door are International Karate
which I'm sure John will wax on about in the comments of this post.
Update (Chuck) - Looks like these may be for Europe only for now