I think the reason it's called "Versus" is because this is Nomura's attempt to show up Yoshinori Kitase and the rest of the "real" FF team. In other words, if Nomura were handed the keys to the FF franchise, "Versus" is the game he would make. It's an in house brotherly rivalry thing.
My Top 5:
Shadow of the Colossus, Metal Gear Solid 3, Shenmue, Skies of Arcadia, Chrono Trigger
My 2 nex-gen systems: PS3 
and Wii 
Prediction Aug '08: We see the PSP2 released fall '09. Graphically, it's basically the same as the current system. UMD drive ditched and replaced by 4-8gb on board flash memory. Other upgrades: 2nd analog nub, touchscreen, blutooth, motion sensor. Design: Flip-style or slider. Size: Think Iphone. Cost: $199. Will be profitable on day 1.
