mrstickball said:
Cry-On is still coming, and Sakaguchi is working on another project which may be for the X360. Microsoft has a decent bit of Japanese-centric exclusives in 09 with Star Ocean: TLH and N3-2, so there's no need to announce another big-budget JRPG when you already have a few others that need the marketing, for now.
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Mistwalker are here because M$ fund them. The only console a Mistwalker game will be on IS 360.
http://en.wikipedia.org/wiki/Mistwalker
Mistwalker Corporation (ミストウォーカー Misutowōkā?) is a Japanese video game development studio started by Hironobu Sakaguchi (the creator of the popular Final Fantasy series) in 2004 with the financial backing of Microsoft.