The game is called "Fragile," and is not vaporware. There is a site up already in Japanese, with lots of information I cannot understand:
I don't like RPGs and I can't read this, but as a Wii owner, it's good to see the types of games coming to the platform expanding as the system's sales continue to increase.
http://i14.photobucket.com/albums/a324/Arkives/Disccopy.jpg%5B/IMG%5D">http://i14.photobucket.com/albums/a324/Arkives/Disccopy.jpg%5B/IMG%5D">