Level-5 and Studio Ghibli has revealed that they are developing a video game, Ni no Kuni (The Another World) for the PS3 console. This is the same game that is also being developed for the DS, though it will obviously feature upgraded visuals and animation.
It will also support the new PlayStation Move controller, though little is known how that would work. It will be released in 2011. Check out the amazing 720p direct screenshots and the trailer below.
Level-5 are masters in JRPG, and combined with the story telling expertise of Studio Ghibli, I honestly can not wait for this game. They better be planning on localising it.