Remember Karate Champ? It was one of the very first fighting games—coming far before Street Fighter and Tekken—and we loved it dearly. Now this arcade classic will be coming to the iPhone and it looks damn good.

The folks over at Touch Arcade sum up our excitement:

The attention to detail is absolutely astounding, between the arcade style cabinet controls, the gameplay itself, and even the announcer voice which is a dead ringer for the Commodore 64 SAM voice.

Karate Champ has apparently been submitted to approval and should run you two bucks once it hits the iTunes App Store. [Touch Arcade]