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Funny this thread turns up right around the time Takashi Setsui says this:

“The recent launch of Tales of Vesperia was a true catalyst for console sales, and in order to bring more gamers from a broader segment of consumers to the Xbox 360, we need to make the strengthening of our RPG lineup a priority,” said Sensui.

Are RPG's important? I can see the race between the 360 and the ps3 heating up because of them in japan (and everywhere else, to a certain extent), and as a consumer to all current consoles and fan of RPG's, it's important to me. Being important to Microsoft makes them VERY important to Sony, obviously. So to answer this thread; Yes.