menx64 said:
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2012 sounds about right to me, but I think it will probably be earlier in the year, maybe March. Xenoblade Chronicles saw a Japanese release in June 2010 and (assuming the rumour is correct) a Western release in September 2011. The Last Story had a Japanese release in January 2011. I think the delay between Japanese and Western releases will be roughly the same, I expect longer translation time, but localisation to have already started.
Anyway, even if Conegamer is right, 14 months isn't that bad a wait. It far beats the 12 1/2 year wait for Super Mario RPG, the just under 14 year wait for Chrono Trigger or the 13 years and counting wait for Xenogears in Europe. (the latter I gave up and imported in the end)