Bloody Wolf is missing the co-op mode from the arcade but adds an addition level of recusing hostages from a POW camp. Bloody Wolf's graphics are nothing to write home about but the gameplay is fun.

Here is everything you wanted to know about Bloody Wolf and more

http://www.youtube.com/watch?v=O8mbfBziQOg

In America the G-Mode games are lost (bloody wolf, silent debuggers and drop off). I lost Bloody Wolf.

I have bought Vigilante, R-Type (i had already the snes ones), Hero Tonma and Nectaris.

I downloaded Ninja Spirit years ago and it is excellent. 9/10
Vigilante is a good game. The controls feel a little hard but is enjoyable. 6/10 for me.
Hero Tonma is excellent. It has a lot of enemies and you can upgrade your weapon. It deserves a 8.

I'm guessing I should get a PSN card ASAP and buy R-Types? (already bought the SMS version of R-Type on VC and I have both SNES games on cart)
It's really looking more and more like IREM's going bust and getting rid of games possibly to clear legal issues.
(I bought some PC program called IREM Arcade Hits that says it is a legal emulator for PC including the arcade version of Tonma and other games. Could be another option.)

But why's Military Madness: Nectaris going down? That's not an IREM game.

MM: Nectaris is also in the PSN and XBLive, I don´t know if they will lose that game too.

Wasn't there a NES version of R-Type on Wii Virtual Console? Well if there was it's gone now.

You mean the Sega Master System's R-type

That's right. IREM never made an NES version of R-Type.
(though I think there might have been a pirate Famicom clone, but none legit.)

So I kind of need to know which is the best version of R-Type to download on the VC. I'm guessing the original but is Super and 3 also worth getting? I honestly can't decide after viewing Youtube videos - they all look pretty good but not sure have the spare cash for them all. Also is the Turbographx version the CD version?

Turbo version is a hucard title not a CD, so you won't get enhanced music or anything. I have not played Super R-type yet even though I own it, but I can recommend R-Type 3. It was fun with awesome graphics and gameplay.

The TG-16 R-type available on the VC is the HuCard version. R-Type was released on CD for the PC Engine Super CD-ROM add-on, but only in Japan in 1994.

If I understand this right, R-Type was originally released on the PC Engine in HuCard in two parts (so players had to buy both halves of the game separately), the US release combined them into a single HuCard/TurboChip game, and then the unified version was re-released in Japan on CD with cutscenes?

(and on the VC, Hudson still tried to stick the Japanese players for double the Wii Points. )

Yes, that is correct. The major difference between the HuCard and CD version was that the CD had narrative cutscenes and remixed music. A longplay video of R-Type Complete CD is available on YouTube.

It would probably be a good idea to pick up any C64 games on the VC that you have been wanting. Nothing has been announced, but I don't picture them lasting much longer.