Snatcher_L
Go time mother humpers!
In the 360 edition of Famitsu Sega mentions they'd like to make Shenmue 
http://www.neogaf.com/forum/showthread.php?t=386262
While not a guarantee, still good to know they're interested in it.
"As it happens every year, the Xbox 360 dedicated edition of the Japanese magazine Famitsu interviewed some Japanese developers to know more about their future plans for the 360. These developers always end up saying something about other consoles as well.
In this year's edition, SEGA has stood themselves out by talking about the much requested sequel to Shenmue 2. SEGA still thinks a lot in making the game, however there exists the selling and profitability factors.
None of the previous games sold really well for the investment made, and SEGA is in doubt as to if it will resurrect the series. However SEGA assured the fans that if there is some opportunity to revisit the series, they'll love to do it.
SEGA also mentioned the chance of one of the three hardware makers financing the game's production in exchange for an exclusivity deal. Let's see if Microsoft, Nintendo or Sony are interested."
http://www.neogaf.com/forum/showthread.php?t=386262
While not a guarantee, still good to know they're interested in it.