Shenmue Dragon & Phoenix Collection is an engine replacement mod for the 2018 release of Shenmue I+II for PC that replaces the original engine with Unreal Engine 4, allowing for massive improvements across the board. This also modernizes the games, and brings their gameplay more in line with Shenmue III, while still maintaining the original look, feel, and core gameplay mechanics. Assets such as models, textures, and animations are extracted from a legitimately owned copy of Shenmue I+II, and placed into Unreal Engine 4 at install time which allows us to avoid many of the pitfalls other attempts at remakes have fallen into. This also allows us to cut back on some areas of development, such as recreating various gameplay sequences, and focus instead on smoothing out rough edges in the original gameplay, adding new features, and making the world look absolutely stunning and feel more alive than ever before.