Streets of Rage on way to iPhone [Update]

Sega has announced that classic brawler, Streets of Rage, is on its way to iPhone and iPod Touch.

The game will feature characters Axel Stone, Adam Hunter and Blaze Fielding, and will have eight levels for you to punch and kick your way through.

There's no date yet, but the price will be $4.99. Not bad.

Thanks, Destructoid.

Update: it seems Europeans don't have to wait for this as it's apparently already out on the Euro App Store for a measly £2.99. Thanks, Robo_1.