Starblade was released by namco in 1991. It's a space shoot em up similar to Star Fox. It was released for the arcade and has been remade for newer systems such as Sega CD and PSX; however, using the arcade version is the most feasible way to port this game. Here is just a brief video of the arcade version of the game, you may have played it in Tekken 5 (it was included as a bonus game).
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This game is very fun and addictive. I believe this will be a big hit in the homebrew community. Unfortunatly, I have no programming experience so I will solely be relying on a more experienced dev; however, I will do whatever I can to help this project. I know a lot of devs are busy and have other projects, but if someone can do it that would be great. Please respond to this topic if you are interested, I would greatly appreciate it.