Original sentence: Developed by M2, the game is not a remake in the classic sense (an attempt to modernize an older work), but rather a re-interpretation of what the game would have been like, had it been developed by Sega's AM division for System 16 hardware (the same hardware as the first game) rather than by Sega's console R&D for the drastically inferior Sega Master System and System E boards
Edited sentence: Developed by M2, the game is not an attempt to modernize an older work like most remakes, but rather a hypothetical interpretation of what the game might have been like, had it been developed for System 16 arcade hardware by the original staff, rather than by Sega's console R&D for the drastically inferior Sega Master System and System E boards