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A few things:

-New IP
-Nothing to do with Eidos
-Nothing to do with FFVII
-Not an american team

Oh and... funny thing about how there's no Platforms announced. They might have a bit of a problem there.

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Make of that what you will, someone from GAF said that and it sounds like he knows what he's talking about. My guess is a 360 timed exclusive or something fucked up like that, it has happened before. That or it's a PSP title which for some reason might piss off alot of people.