So he's working on the mobile game as well? No chance of him working on any further FFXIII game (or KH3) at the moment. In fact I expect at least some of the already announced games to be moved to 2010.

Also, I want to add more one more thing. Apparently, using your logic, it's OK for Star Ocean 4 to be X360 exclusive, but it would be ridiculous if Valkyrie Profile 3 ended up on PSP.

In Japan.

Well I couldn't really narrow it down due to not having enough information on their situation at the point of development for the game. PSP would be good because of the PSP's sucess in Japan, if they want even more money then Wii/PSP would be even better(example of a game that is doing this isTenchu IV), and if they wanted to make it an HD game(can't really think what benefit this would have, but they seem to be liking the 360) they will most likely have to make it a multiplat because of how niche the game is.

I still think it's gonna be on X360/PS3 because they already have the engine - and they have yet to develop for PSP, but PSP rev wouldn't surprise me a bit.

That doesn't make much sense at all.

Couldn't they just port the existing PS2 engine to Psp or Wii?

Let me just add one more thing - Valkyrie Profile Lenneth (crappy PSOne port) sold 170,000 copies back in 2006, when PSP userbase was 3 million.

So there's obviously plenty of interest and potential future userbase there.

That's exactly what I was thinking. Hell, as I mentioned earlier, crappy PS1 port Lenneth sold 170,000 copies, and PSP's userbase has quadrupled since then...

PS3/360

or PSP

This is tri-Ace, multiplat is out of the question, not unless one version comes out a year or so later. If they were going to make a multiplat game it would have been SO4 (their flagship series), not Valkyrie Profile.