I wonder what could it be.....

If it's announced, it should be one of these:

Ico 3
Gran Turismo 5
White Knight Chronicles
FF V 13
Zone of the Enders 3

Could it be the supposed game that is a fighter and is based around back street fighting. Just something that's been on the grapevine for a year or so now and nothing has been publicly shown.

Why is it so hard to figure this out? If what he says is indeed true, it has to be a Cellius game, there was some fake pics about their games last year, but from what I know, they have something impressive in their hands.

The game is already anounced and no body remember it, which mean it will be epic failer. I don't expect anything from Sony.

Is it FF Versus?

Bro I almost shit my pants when I read that..... I am a huge fanboy of Kessen 2 a new Kessen about the Romance of the Three kingdoms would make Sony win this E3 for me.

guys, its a new Chrono game!!!!
... damn i wish, its been too damn long since chrono cross came out, and its the only series that can really match up to final fantasy,
cmon sony, make it happen, somehow!!

WHAT!??

I was going to say Heavy Rain, but that's done by a european dev.

EDIT: Actually, I'm going to go with Kingdom Hearts something (I won't say it's 3 because I think that's a while away, could be another tie-in game).

Japanese Developer

It's been known to be in development and was announced (kind of with the KH2 secret Ending)

Not an FPS or GoW3

The only thing that doesn't fit is "crysis level graphics".