First of all hi my name is pgtl_10, I'm 23 and have mostly posted in Wii General Board on IGN. I post occassionally on GAF as well.
Recently EGM suggested that Crystal Bearers is in big trouble but a lot of evidence points to SE actually completely transforming the title:
1. Iwata originally announced that the game will have online but recent news suggests that isn't the case.
2. One preview said that the game is going to focus more on the single player aspect. The game also looked more like an adventure game.
3. The video shown of the game shows a dramatic change from the original Crystal Chronicles. No more chibi art style and the game is played from a behind the back perspective like Skies of Arcadia.
Those reasons indicate that the game stranded too far away from the original FF:CC concept so maybe SE decided it should be a different title/game altogether. I wouldn't be surprised if Crystal Chronicles is dropped from the title altogether.
Then again SE's president has been giving conflicting comments about Wii and said SE will analyze the Wii's userbase. Maybe they feel the project would fail so they axed it.