It's pretty interesting, based on some duckduck-fu, it would seem a lot of non-Acclaim games shipped in an Acclaim branded case, some times with black masking tape on the logo. The theory is that Acclaim over ordered cases and rather throwing them away Sega instead maybe offered them at discount to third parties.
So from that point of view, this being a late cycle budget rerelease that shipped in a cardboard box, it's plausible that this would be a genuine article.
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I am leaning towards "fake" though because of the inconsistency on the ratings in this version I clearly have:
That's interesting about the Acclaim cartridge shell thing. Never heard about that before.
The rating system change might not indicate a fake, though. Let's take a look at another late Genesis release, VectorMan 2 from fall 1996:
At some point, Sega switched from their own self-imposed rating system to the ESRB's.
[edit] It looks like the change happened at the beginning of 1995. You've got a game like Boogerman, which came out in November 1994, still clearly using Sega's own rating system:
Then you've got Ristar, released three months later in February 1995, using the ESRB system:
Sonic 3 originally released in February 1994, so it was using Sega's rating system for its original release, but a "mega hits" release probably didn't come out until at least 1995 when Sega would have been using the ESRB. So I think the only thing left that can't be explained, Chittagong, is those different security screws.
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