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brendude13 said:
It'll be out on PS3 in 2014, possible renamed as Final Fantasy XV. The 2011 trailer showed a LOT of progress, I doubt they'll shift it to next gen when it's so far into development. There is nothing wrong with releasing a big title soon after next gen consoles have released, Final Fantasy XII did, and that sold fine.

12 came out before the ps3 came out.  I guess technically the 360 was out then, but at this point in time final fantasy was exclusive to playstation...

Also, it isn't that hard to put together a trailer, doesn't mean the game is that far along, just that they put effort into making a trailer...