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Square Enix have said that the development for Final Fantasy Versus XIII has picked up in recent times.

Speaking in an interview with Xbox-Mag, the developing giants said "development for Final Fantasy Versus XIII has really picked up since we've finished Final Fantasy XIII" and that many of the designers who worked on FFXIII now have their minds set for the projects push for completion.

The game is currently set to appear on the PlayStation 3. When the game will be released though, is a mystery to anyone at the moment.

http://connectedconsoles.com/ps3-Final-Fantasy-Versus-XIII-Development-Has-Really-Picked-Up-Square-Enix.cfm