There was no need for MS to have Mistwalker anymore. Aside from Lost Odyssey, they didn't have a hit, and MS has SE and Namco under their thumb (read: checkbook), so it's no reason for Microsoft to pay for crappy JRPGs, when they can pay for good ones.
Mistwalker was this over-hyped company that delivered two 360 JRPGs that were okay, and 'good', but nothing astoundingly good like the upcoming SO4 or FFXIII, and then they tried to do the DS route, but found little success. And given how much MS has been trimming the fat off of their studios, it was bound to happen.
Goodbye Cry On, whatever you were.







