That's great news, hope they get it right. I think the Mini Playstation flopped because Sony was too greedy and over confident with it, maybe they thought the name alone would be enough to bring everyone to their knees, which of course didn't happen. Shitty selection of games and also too limited at that. Lack of Dual Shock controllers, lack of a "home" button to make changing games easiers, etc. That being said I think this could only a tiny piece of ornament to use in your shelf or something like that.
I was also disappointed with the classic NES/SNES/FAMICON/SuperFAMICON releases because in this era of "cheap" storage, there's no excuse why these classic consoles shouldn't come bundled with ALL their released games. I mean come one, some of these games are 30 years old or more.