Good news: THQ has announced a game based on the totally sweet-ass mid-80's incarnation of Voltron. It will be available for the Xbox Live Arcade and PlayStation Network at the end of October and will set you back $10.
Bad news: THQ tapped Behaviour Interactive to develop the game. There's no reason for you to recognize that name, as the company's greatest claim to fame is either a free Doritos advergame or a Twilight-themed Wii trivia title.
Conclusion: The inexorable passage of time is dragging each of us further and further from the comforting naïveté of youth.