This would be something of a first and if it goes as well as one might suspect...it may very well open up the door on remastering other titles. Given the level of support that Elder Scrolls IV: Oblivion had, I for one would love to revisit that game on a beefier console.
If Shinobi602 and NeoGAF are correct we will learn the truth of the matter this Sunday, June 12 at 7pm PDT/10pm EDT, at an E3 conference!
There may be some eye rolling and labored sighs out there...if you aren't aware of the tremendous support that PC users have enjoyed for Skyrim I understand completely. This is one of those instances I am going to ask you to have a little faith in me on this one.