Critics deemed the archival game content and developer interviews as among the compilation's best features, but were upset to see the content hidden behind time-consuming in-game challenges. Some outlets lamented the absence, due to licensing issues, of the Donkey Kong Country series and GoldenEye 007, while others thought the package was fine without them.

Among its games, reviewers preferred Rare's Nintendo 64 games, especially Blast Corps, and disliked Perfect Dark Zero, Grabbed by the Ghoulies, and the Spectrum games. They commended its 'rewind' and Snapshot features, but criticized technical issues in the Xbox 360 emulation and game installation.

Critics appreciated the package's design and craft and called the release a new pinnacle for compilation releases. Rare Replay 's reviews were generally favorable. Rare Replay released worldwide as an Xbox One exclusive on August 4, 2015. Rare incorporated four hardware emulators in the package, and worked with its parent company, Microsoft, to use its then-unannounced Xbox 360 emulation. It prioritized games with characters and environments original to the company. Inspired by fans, upcoming Xbox One backward compatibility features, and a desire to link Rare's past and future, the company sorted through 120 games to choose those that best represented its oeuvre. The compilation was one of several ideas Rare considered to celebrate its 30th anniversary. Player progress is rewarded with behind-the-scenes footage and interviews about Rare's major and unreleased games. The compilation adds cheats to make the older games easier and a Snapshots mode of specific challenges culled from parts of the games. The emulated games span multiple genres and consoles-from the ZX Spectrum to the Xbox 360-and retain the features and errors of their original releases with minimal edits. Rare Replay is a 2015 compilation of 30 video games from the 30-year history of developers Rare and its predecessor, Ultimate Play the Game.

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