This is something that's puzzling me, but does the PSP not have decent wi-fi support for Devs not to be utilizing it, it just seemed so odd to me that games with obvious multiplayer components like Phantasy Star Portable and Monster Hunter Freedom have no online support whatsoever (without using AdhocParty atleast).

Yeah, good sales of the Wii game may prompt Capcom to push it out sooner and catch the wave.  AdHoc Party will certainly help once the game is out there.  We simply don't have a culture where we meet on mass to play handheld games like the Japanese do.  
 
Capcom have opened this in the UK though. They should do the same in the US: 
 

I went along a couple of months back with some friends. It was great, they've got two floors with tons of bean bags and sofa's, drinks machines and a three Monster Hunter Tri  demo units.  
 
http://www.giantbomb.com/monster-hunter/62-547/capcom-open-gathering-hall-in-central-london-on-july-3rd/35-248673/  

I loved the concept behind Monster Hunter. The only problem was that I'm terrible at them and that awful camera never helped much.

From the screens and images it doesn't seem to be based on Wii's Monster Hunter 3/Tri. They show weapons that doesn't have, yet don't show any slash axe, and there isn't an oxygen gauge on the HUD (it's always visible even outside water in 3/Tri ). It may be  based on the PC's Monster Hunter Frontier (or at least some of its content) as some people say they see monsters from it in these screens, as well as the flower weapon in another image. I don't know much about Frontier, if the world is all new like in 3/Tri or if it's more of an expansion to the PS2 games with more monsters and areas but still including the old stuff, like the previous portable games have been adaptations of those. Or if it has any enhanced AI or added features like 3/Tri. I do know it's meant to be much, much harder than the portable Monster Hunter games though, since it's online only with no single player at all, and of course it isn't meant for quick portable play. That will probably change for Portable 3 of course.

Not if you look at the scan above your post. Unless the screens are from Frontier and the Chinese are outright making shit up out of nowhere.

" Unless the screens are from Frontier and the Chinese are outright making shit up out of nowhere. "

Well the HUD is different from Frontier's actually, I just checked some screenshots of that and on PC it has like an action bar at the bottom showing your items whereas on these screenshots it appears adapted to the same HUD as the other PSP games.

" Well the HUD is different from Frontier's actually, I just checked some screenshots of that and on PC it has like an action bar at the bottom showing your items whereas on these screenshots it appears adapted to the same HUD as the other PSP games. "

Not to mention, a spin off about the felynes wouldn't have new armor images or the images Al3xand3r posted.
 
From my knowledge, Nargakugas only existed in the portable versions (not sure about Frontier though).

I kinda wish I never flunked in my Chinese classes... Maybe I would have been able to read the text, and confirm what exact info they have on the text.

I wish you could use adhoc party with a wireless connection, it really sucks that you can't.

From my knowledge, Nargakugas only existed in the portable versions (not sure about Frontier though).

I just created a page for the game. You seem to be pretty informed about it so maybe you could edit the page.