Will we ever see Banjo Kazooie on the Virtual Console?

The fact that Rare are now owned by Microsoft has caused some headaches in the world of the Virtual Console. Some of the N64's most requested titles are Rareware products, and this has resulted in something of a stalemate. Light appears to be at the end of the tunnel though - a few months ago Nintendo were quoted as saying that they were looking into the possibility of releasing games like Goldeneye on the VC, and now Rare themselves have responded to the pleas of fans worldwide:

...the only Rare-developed title on Virtual Console right now is the original Donkey Kong Country' but the Donkey Kong series of games is a Nintendo-owned franchise starring an established Nintendo character, whereas something like Banjo isn't'so it's nowhere near as easy to call. Especially when you also consider the existence of Xbox Live Arcade. So right now, the best answer we can offer (for either download service) is 'it's possible.'

Not a solid answer, but not an out and out 'no' either. Hopefully Rare, Nintendo and Microsoft can come to some kind of agreement on this situation - there's nothing stopping them from releasing games on both the VC and XBLA. The fact that games like Banjo Pilot (GBA) and Diddy Kong Racing (DS) have made their way to the market bodes well for a working relationship between the three companies. Surely Rare and Microsoft wouldn't be foolish enough to turn down this opportunity to make cash with very little effort involved? We shall see.