Brought to you by YouTube user bloodrunsclear, the impressive editor behind fake trailers for Day Z and Dishonored, this movie is based on footage from actual movies (and custom voiceover).
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Ikaruga, you may remember, was a shoot-em-up for Dreamcast in which you had to switch between red and blue polarities in order to take down enemies—you absorbed bullets of the same color you were currently using, and only opposite colors could hurt you. This fake trailer actually captures the game pretty damn well.