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You have sound reasoning their Kantor but I think it's going to be a Wii2 project. Usually Square Enix starts their FF project before the generations starts. Judging by history they produce the game for the successor to the market leader. Which is why FFXIII started off as PS3 exclusive.

Your post describes exactly how SE handles the Dragon Quest franchise though. They hold back DQ until they see which consoles is going to have a higher userbase. Once that becomes clear then they start production on the game.