Yeah, I think I'll take the path of Nohr......

http://i33.photobucket.com/albums/d95/TKush/Kirby/nohr_zps3swg5e3a.png

I may care about this after I play some games in this series.

YES! YES! YES!
Awaking was amazing so hopefully this lives up to it.

In Japan there are two versions but some people are saying that there is only going to be on in the U.S and the other version will be DLC. Any clarification on this?

We don't know. No details for the west versions have been announced.

From Gaf:

I dont' care if you have to buy two versions, it's still Fire Emblem! Shut up and take my money!

Disc locked content or in this case, cart locked content.  It sounds like there's a turning point in the story where you are led down a path (A) and if you want to play path (B) you have to buy it to unlock it :( even though it's one the cart.

On top of that is another "arc" path C which might be more or less filler or side story for one of those other character but not much is known about it other than it's DAY 1 content that you have to purchase to unlock.

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I was all for Nintendo and DLC but this is BS.  Capcom tried this a failed (SFxT).

In japan there will be an standard edition or collector's edition (which includes all three arcs as well as art book). 

There's no plan for a limited edition digital copy (meaning standard only).

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Not sure what the Japanese think about this but man, that 's just brutal sh!t IMO. 

Man, after their Code Name: STEAM and seeing this new trailer, I want a Valkyria Chronicles-style full 3D Fire Emblem on Wii U. Or maybe a new Battalion Wars or something…

Interesting, I didn’t know that there are multiple versions of game in Japan. Wonder how it will be released elsewhere.

Okay, I'm pulling a quote from ANN here.
http://www.animenewsnetwork.com/news/2015-04-02/fire-emblem-if-trailer-unveils-diverging-story/.86681

"The physical edition will ship in Japan in two different versions, Byakuya Ōkoku (White Night Kingdom) and Anya Ōkoku (Dark Night Kingdom), each following one of the two choices. The digital edition will have the option of choosing either path at the game's sixth chapter. This option can be added to either of the two physical editions as a DLC for an extra 2,000 yen (about US$17)."

So if it is localized the same way as in Japan, then physical buyers will be punished (unless you buy the limited edition.

I see NOA just releasing the White Knight Kingdom version and offering the other story as DLC.

Or that Fire Emblem: Path of Radiance and Fire Emblem: Radiant Dawn get released as VC content at some point in the future.

How about a director's cut edition of both games with better integration and then a 3rd game in that story line? Those games had the most of my favorite characters of all the FEs.