you people are still going on about this legends crap?
Go [tornado fang] yourself.
OK, now that we have that retard out of the way...
A Legends HD remake would probably have to be the best way to handle it. Sadly Legends has aged quite a bit. Legends 1 even more so than 2. An additional problem lays in another component as well. Legends cant be re-released without licensing issues. Not just is there the issue of paying someone else, it is WHO do you pay? The company may not exist anymore, offering a whole host of other issues.
I'm going to presume this is the voice acting for the USA version, since they re-released DASH and DASH2 on PSP a while back.
So the solution? Redo the gameplay, and possibly the voice acting? Capcom will never agree to this. It would soak up too much capital, especially when they don't Legends 3 as good enough to hit the shelves. Of course we all know it's just a power play against Inafune, but even so.
The only way Legends 1 and 2 can be re-released with high public interest and appreciation is if they updated both graphics and gameplay; gameplay especially in this case. I don't think it will happen, but I will be happy to support the idea regardless. It is the right solution if a re-release were to happen. Honestly, if they played their cards right, the Legends 3 engine could easily make a Legends 1 and Legends 2 remake (in 3D no less!).
MegaMan Legends 3D Collection