The virtual console is by far the best thing the Wii has to offer. Who needs gimmicky wand waving games when you can play all of the best classics from NES-N64? I mean holy crap! I missed out on a lot of gaming. I'm 18 so I vaguely remember playing NES with my brother. Most of my memories are with the Playstation and PS2, whereas most of my real completion gaming has been with the 360. But holy crap do I wish I was my brothers age. i wish I could've experienced these games when they were new. These old school games are so much harder than any games in history. If I get hit by one more medusa head in Castlevania, I'm gonna need a new Wii Remote! It's genuine challenge. I'm used to being able to hide behind a bush for my health to replenish and go back out. These old games kick all of the new games' asses! The Virtual Console has stolen my heart, and a lot of my cash.

Latest video game technology to play 15 year old games. 
 
Makes sense.

It is a fantastic service, but they are still missing some major titles.  Where in the holy mother of hell is my Earthbound at?  I own the actual cartridge, but my SNES broke so I can't play it anymore.   :(

Even more Joker avatars? Mordukai is enough. 
Oh, and I prefer my consoles to be physical.

" @JJOR64: Because the game actually has copyright-infringing content (trust me, it's in there) the game cannot be released on the Virtual Console. Ever. "

I've never been a fan of the virtual console.  I prefer Sony and Microsoft's approach to focusing on new download titles or at least sprucing up older titles.
I honestly don't understand the appeal of rebuying old games that most people have played a million times and in many cases still already own.
 
It's especially bad in Europe where we get butchered conversions of these games..  Haven't bought a single VC game, and don't intend to.

There are a few very nice things about the VC.  First off, the emulation is impeccable.  Second, it makes it okay for the press to talk about retro gaming, because they don't have to skirt around the very large and obvious emulation/ROM scene, they can just encourage people to buy the games legitimately.  Third, there are a really huge number of great games that have stood the test of time.  The VC is filled with games that allow us to explore the origins of many of the conventions we take for granted, and at worst we can see how a lot of the early kinks got ironed out over the years.