Bluepoint Games handled the conversions of Metal Gear Solid 2 and 3 (with Armature Studio assisting on the PS Vita and the Nvidia Shield TV versions), while Genki worked on Peace Walker.

For the remastering, all three games underwent graphics overhaul to allow them to support modern 720p resolution and 60 frames per second on home consoles.

Since the Xbox 360 and PS Vita version lack the pressure-sensitive buttons featured on the PS2 controllers, the ability to aim and lower a firearm without firing it in Metal Gear Solid 2 and 3 are assigned to a specific button instead in those versions (either, by pressing the left stick on the Xbox 360 controller or by pressing the d-pad down on the PS Vita).

Metal Gear Solid: Peace Walker - HD Edition was instead given a stand-alone physical release on PS3 and Xbox 360 in Japan.

To compensate for the separate releases, the first print run of the Japanese PS3 version of the compilation included a voucher code to download the original Metal Gear Solid from the Japanese PlayStation Store, while the first print run of Peace Walker - HD Edition came with a download code for the PlayStation Portable version of Peace Walker.

Zavvi sent out an email to all customers holding an order for the edition, explaining that Konami has "advised of a change to the contents" of the set.

All those who pre-ordered the previous edition before it was cancelled also receive a Platinum copy of Metal Gear Solid 4.

Zavvi's site also has a listing for an Xbox 360 version of the revised Ultimate Edition, making it no longer exclusive for the PS3.

The Peace Walker package includes the game, a Play Arts figure of Snake in Battle Dress and an audio CD featuring vocal and unused music tracks.

The Limited Edition of Metal Gear Solid HD Edition will include a copy of the game, an illustration from series artist Yoji Shinkawa, a copy of The Art of Metal Gear Solid The Original Trilogy, and an audio CD with vocal tracks from each of the first three games.

[9] The HD Edition-branded versions of all three games were later released as digital downloads on the Xbox Live Marketplace and PlayStation Store.

[13] With the release of Xbox Series X/S on November 10, 2020, Metal Gear Solid HD Collection automatically became compatible on the console.

[24] In December 2011, the game received the award for "Best HD Remake of 2011" from TeamXbox, with Halo: Combat Evolved Anniversary as the runner-up.