So I just compiled all the media and stuff for this game and posted it on the main page.
It looks pretty freaking sweet as far as RPGs go. It seems to be a mix of 2D sprites on 3D backgrounds as well as some beautifully illustrated painted backgrounds. I really can't figure it out.
There is a ton of talent behind the game as well. The battle system is supposedly similar to the Shin Megami Tensei games which I haven't played. Someone explain it! =P
Also, you don't get maps in the game. Instead you use the stylus and a graph paper like system on the bottom screen to plot your own maps. Wee.

Supposed to be out in English early next year.