Seihyouken on 02 February 2009
Looking at it optimistically, it could be essentially Oblivion with better graphics, characters models, textures, environment design, a far more interesting battle system, and an online component.
Looking at it pessimistically, it's an unfamiliar genre of game from a historically mediocre developer that was just announced a few months ago.
Honestly, I can't help but feel that this game is going to struggle to reach AA status, much less AAA.
