Im not sure if its a good idea. Mainly because of the size of the game and the software needed but i aint a computer programmer
Seeing as emulation software can already play it through say..ROMs(For forum disclosure, their illegal even if you own the game) or you know..ripping it from your copy and dropping it in, on smartphones and other devices like the first PSP.
Fully possible. Modern smartphones whether the iPhone, Android devices, WebOS, WP7, etc. are overkill in hardware specs to play it. Of coarse if you emulate it due to the nature of it, incompatibilities, no optimizations. FO 1/2 lags along.
To my understanding and Hines response to me Zenimax/Beth Softworks have the right to port 1, 2(Tactics too) onto platforms other than ones Interplay sells the existing software to i.e. P.C.
So yes they could high-res it, adopt the controls, etc. to iPad, iOS devices, other smartphones.
Will Beth Softworks tell BGS or another studio to do the porting job?
No idea. BGS recently set out that their hiring both for their next console/PC-gen project and a separate hire for iOS programmer.
If that's a port or something else no idea.
I for one would love to play FALLOUT 1 and 2 on the go. The click based nature of isometric games like FO is perfect for the touchscreen.