Folklore is not JRPG-like. It barely has any RPG elements at all. Maybe character design and a semi-ish fantasy story, but that is about as close to an RPG as it comes.
But regardless, Sony SUCKS at delivering JRPG's (the only one is the port Enchanted Arms if you want to call that piece a game) this year so I've finally said screw it and have decided I'm just going to the Darkside and buying them on the 360. I'm sick of waiting on Sony to get their butts in gear.
PSN ID: Sorrow880
Gamertag: Sorrow80
Wii #: 8132 1076 3416 7450