Capcom has announced that they have launched Capcom Arcade for the iPhone and iPod Touch. Offering three free plays a day, the app includes Street Fighter II, Ghouls ‘N Ghosts, 1942 and Commando.

Players will be able to play an adapted, easier iPhone Mode or the original arcade version. While the app is free to download, users can buy DLC upgrades, purchase ten tokens for $.99 or buy unlimited plays of one game for $2.99. New games will be added on a monthly basis.