Today NoA announced "Vs. Excitebike" will come to Virtual Console (which eShop is unknown currently) this Thursday. It will be an import title since it was one of a number of "Vs. Series" games that never came to America back when the NES and arcades were prominent.
The difference between the "Vs. Series" and the NES/Famicom originals comes down to added local multiplayer, enhanced presentation, and sometimes even one or more bonus levels (and features) included.
So the difference with "Vs. Excitebike" compared to NES "Excitebike" is the Vs. edition adds 2-player local multiplayer that includes cooperative (2-players vs. the CPU) and competitive (1-Player vs. 2-Player) and new music. There's also an option to save custom made tracks, but no idea if that feature will be left out of the "Vs. Excitebike" Virtual Console release.
I hope "Vs. Excitebike" can do well and we can get a few of the other "Vs. Series" games that have the potential for re-release or be imported to America for the first time.
Giant Bomb has a list of notable games in the "Vs. Series":
They have some images from "Vs. Excitebike" and when the game was shown off at PAX 2008:
Edited by Ngamer01, 24 August 2015 - 01:52 PM.