As was rumored this past week, Double Dragon will be released on the Xbox Live Arcade this Wednesday. It’ll be available at 2 a.m. PDT for a fee of 400 Microsoft Points, or $5 in non-virtual money.

It’ll ship with the standard Arcade fare of 12 achievements and 200 achievement points, graphical enhancements, and leaderboards. But the major benefit of picking up Double Dragon will be the two-player co-op, playable locally or over Xbox Live. For $5, you really can’t go wrong with this arcade classic.

Microsoft has also announced six other upcoming Arcade titles – only one of which is a port. Finally, another use for the Vision camera will be available with Spyglass Board Games, a collection of classic board games such as chess and checers. Video chat will be available in game, much in the same fashion that it is in Uno.

The full list of titles can be seen after the break.

Mad Tracks: This 3-D racing party game from Load Inc. and D3Publisher recalls all the fun of playing with toy cars from childhood. Up to four players can race micro cars in a variety of gameplay modes in familiar settings such as a living room, a restaurant and a toy store.

Rush’n Attack: Also known as Green Beret, from Konami Digital Entertainment Inc., this is a faithful next-generation update of this classic coin-op arcade title where the player assumes the role of a special forces agent sent behind enemy lines to infiltrate an enemy military complex and free captured prisoners of war.

Soltrio Solitaire: From Silver Creek Entertainment, this is a collection of 18 different solitaire games, offering co-op and competitive two-player solitaire game modes.

Spyglass Board Games: From Strange Flavour Ltd. and Freeverse, this offers classic versions of the world’s most beloved board games, including chess, checkers, mancala and reversi, as well as the ability to enjoy video chat with friends via the Xbox LIVE Vision camera.

Street Trace:NYC: This is a hover board racing and arena battle game from Gaia Industries Inc. set against the urban wasteland of future New York City. Make your mark on the leaderboards in intense eight-player action over Xbox LIVE, or battle at home through split-screen or single-player tournaments.

Undertow: This is a fast-paced action shooter from Chair Entertainment Group that thrusts players underwater as they battle for control of the oceans, and features a robust single player/co-op campaign and up to 16-player multiplayer action over Xbox LIVE.