I noticed just how great this game is coming along, it is like valkyria chronicles, but has a mixture of real-time and turn-based gameplay, with stunts, it looks so different to the normal JRPG, it should be an interesting one because this is the first time they have made a game without SE publishing it, I like how they are taking risks and trying to create something new.
To be honest I am not sure as whether it will be open world(exploration) or not, but the battle system does sure look intriguing, I can't wait for them to update all the info on this brilliant game, which I think is going to be a sleeper hit (quality and sales wise).
Here is a link to a gameplay video I found (I think it is quite old and not the best quality so please forgive me)
it's the future of handheld
PS VITA = LIFE
The official Vita thread http://gamrconnect.vgchartz.com/thread.php?id=130023&page=1