The XBLA version is definitely the best looking, since it runs in HD resolutions and has enhanced graphics which smoothes out the rough edges. I also like how you can save and load anywhere, anytime (like all other Sega XBLA releases).

Anyone ever play Golden Axe 2 (Revenge of Death Adder)? It's still one of my favorite arcade games (so much that I bought the PCB). Sega should be bringing more recent games like this to Live Arcade!