I'm not really sure you know what you're on about. No one thinks Shenmue will happen. What Joe and I are telling you is just that Sega literally has the money to make it happen; they won't because it won't break even and they aren't interested in making a loss.
"No risk Sega" is basically what we call them now in my social circles. Just content on living off the fat (reputation) of old games while making lazy updates of the same titles or just cashing in on certain crazes that happen to be popular in japan. It really won't be long when they become like Bandai and start producing endless licenses as well...all in the safe zone of japan.
Its good that Sega has the money but they obviously don't have the heart which is probably why most of the old guard of Sega designers/developers have left. Sad since there isn't any obvious talent to replace them. Sega at least had five great creators in the form of Suzuki, Ohba, Kodama,Naka, and Hideki Sato the main sega hardware designer, Sega was untouchable..add to the upcomers at that time with Nagoshi,etc etc..Sega clearly would be well ahead of the game if half those people stayed, got their projects or found their creative spark again which they probably wouldn't have lost if the DC didn't lose the way it did. But you have barely that now in Sega. Even if the mobile games that make tones of money is a good thing its not anything that stands out like a lot of Sega software use to do. But that is the problem, the stand out games don't make money and the genric ones do...