Sega Model 2 Collection brings arcade classics Virtual On, Fighting Vipers, and more to XBLA, PSN

Five arcade games originally released on Sega's Model 2 arcade board — Virtua Fighter 2, Fighting Vipers, Virtua Striker, Sonic the Fighters, and Cyber Troopers Virtual On — will be re-released for PlayStation Network and Xbox Live Arcade as part of the Model 2 Collection.

Sega of Japan released a trailer today for the five games coming to PlayStation 3 and Xbox 360 starting later this year, showing that the arcade games appear to be straightforward, no-frills ports — though the games will support online play.

In Japan, three of those games will be released in 2012: Virtua Fighter 2, Fighting Vipers, and Sonic the Fighters. Each game will be priced at 800 Microsoft Points or 800 yen, meaning a $10 price point for each in North America would be likely. Virtual On and Virtua Striker are listed for released sometime in 2013.

Japanese arcade stick manufacturer Hori will release a pair of twin stick controllers compatible with Virtual On for the PlayStation 3 and Xbox 360. Hori is selling the Cyber Troopers Virtual On Twin Stick 3 via pre-orders for 30,000 yen, about $379.