Capcom's 1942 and Black Tiger are out on VC Arcade today. The entry seems to acknowledge how bad the NES version is.
1942
Publisher: Capcom
Players: 1-2
ESRB Rating: E (Everyone) - Mild Violence
Price: 800 Wii Points
Description: This classic, vertically scrolling shoot-'em-up is perhaps Capcom's finest moment of the pre-Street Fighter era. Spawning a million clones and reappearing throughout the history of gaming, 1942's biplane action needs no introduction. The original and best version is now available on the Wii console for the first time.
BLACK TIGER™
Publisher: Capcom
Players: 1-2
ESRB Rating: Everyone (Everyone) - Fantasy Violence
Price: 800 Wii Points
Description: Fight your way through colorful, action-packed levels in this 1987 arcade classic. Explore huge, sprawling levels as a powerful barbarian seeking to defeat menacing bosses. Plus, upgrade your character with one of the first inventory and power-up systems ever built.
http://press.nintendo.com/articles.jsp?id=27395