The article on Kotaku:
Oh my....guys, allow me to change my wet boxers. @__@ You don't know how amazing this is....AWESOME!11!11111 They also said that they will include extra content. The first game that will get the upgrade is the awesome Monster Hunter Portable 3rd..one of Japan's best selling games and an epic one indeed. I already have the game but I would so rebuy it on HD.
And here is an idea of how is it going to look on HD:
What games do you think that should be ported to the PS3 as well? I am down with the Persona games. =3