For those that remember or cares about Ys, we knew that XSEED was going to publish this game eventually and it's going to come out this fall! Too bad they couldn't keep the engrish title as it made me laugh but the new title is still pretty good. Here's the post about the announcement from XSEED Games.
Here's the TGS 2011 trailer for those of you who haven't seen it:
and the Opening:
The wait is too long!
EDIT: Added XSEED Games official Announcement.