I'm a HUGE fan of the game, I bought a PAL n64 and a PAL copy version of the game only to be able to play it again (no emulators, come on, you cannot experience it to its fullest). I then began asking myself why Rare hasn't started working on a new one?, or atleast rerelease it for Xbla or virtual console, I'm starting to get a little tired of playing the same game over and over again, imagine how great it would be to play a completely new version of it with HD graphics, it will make for a unique new-gen fighting game experience.
From what I've heard there are licesing issues and what not regarding the KI series wich means that we might not see one in a while, wich is a sad thing.
Rare is now stuck making kinect games and games for kids, wich isn't a BAD thing, but fans of the "old rare" would absolutely LOVE to get some kind of attention too. We got a new (well, "new") perfect dark for the release of the xbox, why can't we get a Killer Instinct for the release whatever console Microsoft is planning next?
RARE, COME ON, DO IT PLEASE!
Now I'll leave you with some vids to remember some good times (for those who enjoyed KI atleast):
+ Show Spoiler +
http://www.youtube.com/watch?v=hDSj7dt6_mM
So I guess that's about it, Cheers guys!