This year’s E3 has led to a varied amount of questions, but this one has probably been in the minds (and hearts) of many Pokémon fans for years. Will Pokémon Red and Blue ever find their way onto the Virtual Console? Well, according to Game Freak it’s not about to happen in the near future. In a question and answer session today, the Pokémon developer responded as such:

 

 

“We’re always very careful—we believe that Pokémon is best on a handheld. If we were to put it on virtual console, on the home console, what would you do with the Pokémon you caught? It would be kind of stuck, was one of the concerns we’ve had.”

 

Strangely enough, Game Freak’s first thoughts were for the Wii U’s Virtual Console, and not with the 3DS’s – a much more logical choice, and one that houses the recently released The Legend of Zelda: Oracle of Seasons and Oracle of Ages.

 

 

Source: http://mynintendonews.com/2013/06/12/pokemon-red-and-blue-classics-wont-hit-virtual-console-in-near-future/#comments

I'm perfectly fine with playing it on my phone's emulator or on my GBC, I wouldn't mind, however, it being available at the eShop and you somehow being able to move your pokemon onto a new game like X or Y

Actually I think porting Fire RedLeaf Green would be better since the originals still lack some of the additions from Gen 2 and Gen 3