Remember, it wasn't developed inhouse nor were the other games mentioned. No way Sega games would be allowed to "legally" be developed for the NES under the rule of Nintendo. Same thing with the US NES version of Fantasy Zone, the Famicom release was a different and while it didn't look as nice as the SMS version it played just as well. After Burner wasn't bad at all though.
I've reviewed all the Tengen NES arcade ports (and a few of them were Sega games) against their original arcade counterparts over at Retrogaming Times Monthly over the years.