Maybe a Gears of War style camera angle and point of view when in fire fights or boss battles, but for platforming a more zelda type camera angle would be nice for a megaman game. FPS would be too much in vein of the Prime trilogy.
When playing GC games the black bars pop up on the sides, but i just turn on overscan +2 on ma LCD HTV and the bars go away. For MP3 i just use overscan +1. It depends on how good ur HDTV is, and if you've configured the colour settings properly. Blurring could be caused by the player not turning on "EDTV'on your Wii
NST can't make good games, better to have them make casual games. Maybe HAMMER will be resurrected by Miyamoto (just like geist, which is another NST failure) and sent to the dudes who made the metroid prime series or something. Perhaps its a good thing it got canned, but people its just a RUMOUR.