I just finished playing the demo for Valkyria Chronicles 2 that came out today. 
 
As an avid fan of the first (just recently completed it) I can easily say this is one of my most anticipated games. 
After playing the demo, I still stand by my previous statement. There are a few things they changed that took some time getting use to (Area changes, Lancers seemed to have learned how to shoot.), but i believe it will provide the same kind of experience as the first one did. 
I'm a little worried about the characters though, but I'm sure, with time, I'll develop an attachment to them like I did with VC1. 
The game seems to translate well to the PSP. There is a noticeable change in presentation, but that's to be expected with a transfer from PS3 to PSP. 
 
Also, there is no Freesia, that I've seen so far. That's some negative points. 
 
What are your thoughts?

i'm sorta glad to hear that it's the same. i have to borrow my brother's PSP for this game :> 

i LOVED the first and the japanese demo for 2 but my psp stopped working :/

It is a Training area and a single Mission; I've finished it just now.
 
As you know, with only a single analog stick they had to 'adjust' how the camera works just like how Peace Walker had to adjust for aiming.  The triggers rotate the camera left and right, and Triangle and X move the camera up and down.  It seems awkward at first, but you don't really have to pan the camera up and down enough for it to be any issue.  All the real "basics" are the same; CP points, base capturing, AP, command/action mode functions, potentials, etc.  Here's an idea of the big changes I've seen (remember though, we only have one mission and a training pen to work with):
 

• Weapons feel a fair bit more accurate now.  In VC it felt like you really had to invest into R&D just to get a good ballpark accuracy at anything that might be considered mid-range.  The analog stick feels like it's too sensitive, but the D Pad is very precise for aligning up your headshots after finding your target (the triggers still work to switch targets in action mode).  So not a huge indication necessarily, but pulling off headshots and getting mid-range kills with tanks/lancers overall felt a lot easier.
• No game over if the Protagonist dies.  That could possibly change in the main game to the classic style, however.
• Reinforcements are instant.  This is a pretty big bonus, but they are also instant for the enemy as well; so combat might be a bit more intense now.
• In the demo mission, the map can actually consist of multiple separate areas; capturing the base camp in the demo Map 1 also captures a Base Camp in demo Map 2.  You can then send units to Standby (Retreat) and move them over to the second map; and likewise you may have a separate unit cap for each map section in a total combat map.
• No Freesia, I will miss her.
• I really don't like the protagonist.

who the hell cares about freesia? marina is where it's at

" who the hell cares about freesia? marina is where it's at "

I wish it was on the PS3. :(

As it's not out on the EU store I did some fiddling and got it from the US store. Demos great, although I still wish it was on the PS3, but this is better than nothing. Seems alot like the original which I'm happy about, dividing the battlefield is strange, I can't tell if this is because of PSP limitation or just a new feature.
 
Engineers using Pistols now, great idea. Scoring ranks based on number of turns, still a terrible idea.
 
Was unsure if I would pick it up as it was PSP only, but the demos changed my mind, will definitly pick it up.

" I wish it was on the PS3. :( "

such an amazing game too bad its a psp game. it was fucking gorgeous too. 

I wish it was for the PS3 since I don't have a PSP. Damn

......where is my psp.....

Wish I had a psp to try the game, loved the first one.