While there is not much in the way of details outside of a 2011 release date on the PS3 and 360, here is what has been spilled so far. The story will start somewhere after FFXIII's ended. It is supposed to be a completely new story, but I don't see how that will be possible as it is building off an existing one. Also it is suppose to have an "evolved" combat system using the original as a base. Let's hope that it isn't going to be a Dress Sphere like set up. Am I right?
Oh, also with this new announcement is some footage of the on-again/off-again Final Fantasy Versus XIII title exclusively for the PS3. Again not too much in the way of details, unless you speak/read Japanese, but there is at least something. It at least looks a bit more promising than the previously mentioned title. A lot darker and less fantasy from the looks of it. We'll update as new information hits about both of these titles.
Oh, and before you bitch about the video quality, remember these are bootlegged from a private event. Once the official trailers and game play videos are handed out we'll update. Until then enjoy what we can get you.
UPDATE: The HD English version of the trailer was just released so it has been updated below. The Japanese version is still available on our YouTube account.