Just like Squaresoft was about to be finished they did Final Fantasy for the hell of it and literally got pulled back out of the hole, was kinda hoping maybe the same for Shenmue and Sega, though i wouldn't put the 2 companies and games in the same category.
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The first Final Fantasy game wasn't a sequel though. Any future Shenmue game will be tarred with the brush of it's predecessors. Whilst the Shenmue games had their fans, the second one especially was a massive commercial failure and is synonymous with the death of the Dreamcast. I just can't see them taking that kind of risk again, especially when there's so much money to be made from ropey re-hashes and licensing out their characters to endless Nintendo crossovers.
Jam it back in, in the dark.