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Can PS1 games on PSP resurrect lost titles?

Yesterday I was engrossed in the explosive delight that is Silent Bomber. I downloaded it off the Japanese PLAYSTATION NETWORK for use on my PSP. For those of you who haven't heard of the game (which is probably most of you), it was a PlayStation 1 game that came out after Metal Gear and tried to do the cinematic story thing, while the gameplay was a mix of Bomberman and Contra. I had so much fun playing it, that I couldn't help but wish for a sequel, but such a sequel is unlikely since the game is a cult hit at best. But then I wondered if perhaps the reemergence of the title in digital download form could have the potential to explode its popularity to the point that a sequel could be made.

Without the constraints of a short shelf lifespan in stores and the equality that is digital download, could a game that flopped when it was originally released on PS1 become a success on the PSP to such a point that a sequel or continuation of the series was financially intelligent? I'm well aware that not every PSP owner is going to pay for and download PS1 games and that also, until PS1 downloads are available without a PS3, the relative success of the downloads will be small. However, what will happen when the PSP can natively download PS1 titles for play? Geometry Wars was such a huge hit on Xbox Live Arcade, that a sequel is in the works. Why couldn't the same happen to a Silent Bomber? Do you think PS1 downloads have to potential to bring back dead titles? What PS1 game would you like to see a sequel to if this did start to occur?

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