Just to put things in perspective, you have to remember that Nintendo's official stance was that there were no plans to release a new DS hardware model right up until the day they announced the DS Lite. "No plans" is Nintendo's way of reminding you they haven't announced anything yet. I'm not saying the game will come out; I'm just saying that this in no way confirms that it won't.
I remember when Nintendo claimed to have "no plans" for a sequel to Wii Sports.
That's why I said that it's always a possibility that Nintendo could turn around and announce the game for NA. The problem is that Last Story, being a JRPG, is kind of niche and Nintendo has been very reluctant this generation to bring over Wii games to NA this generation that don't have wide-ish appeal, Sin & Punishment 2 nonwithstanding. Nintendo has just been so incredibly noncommittal about their plans with this game (and Xenoblade, for that matter) that I just don't have a good feeling about this one, just as I frequently do whenever Namco-Bandai announces a new Tales game. I hope you're right, but I think it's all going to hedge on how the game is received in Japan.
I almost gave myself a heart attack at the thought of never playing this game.
Ok, seriously, dude, you need to chill out. I want to see this game as well, but at the end of the day it's just a game and Just Another Japanese RPG at that. Besides, I only said that it was a possibility, the first word we've heard out of Nintendo on the game coming to NA.