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Materia-Blade said:

The series is in need of a true high polygon and HD game. 

No it's not. The top selling Dragon Quest is DQIX. From SE's perspective, as a profit seeking business, it would make most sense to choose to develop for the platform with the lowest development costs and the most reward. That is the 3DS. A Wii U or PS4 port would just be icing on the cake. Wii U is more likely, because NIntendo publishes DQ games in the West if they're exclusives. Meaning SE saves publishing costs in the West as well. A PS4 game would have ten times the budget and probably half the sales as a 3DS release. A Wii U game probably something like five times the cost and a quarter of the sales. 

I see the 3DS game having DQVIII level graphics, which Japanese gamers are plenty happy with.