from an IGN summary of a Famitsu xbox360 article:
Hiromichi Tanaka, Square Enix
The producer of Final Fantasy XI revealed that development is getting into gear on Square Enix's next-generation massively-multiplayer-online RPG, the one stemming from the tech demo that Square Enix showed at last year's E3. Currently, the development staff is working on the final direction of the game, with only a few areas having taken form. As a result, Tanaka lists development at "zero percent," but adds that basic preparations are in done. He won't comment on a release date.
http://xbox360.ign.com/articles/684/684414p1.html
Hiromichi Tanaka, Square Enix
The producer of Final Fantasy XI revealed that development is getting into gear on Square Enix's next-generation massively-multiplayer-online RPG, the one stemming from the tech demo that Square Enix showed at last year's E3. Currently, the development staff is working on the final direction of the game, with only a few areas having taken form. As a result, Tanaka lists development at "zero percent," but adds that basic preparations are in done. He won't comment on a release date.
http://xbox360.ign.com/articles/684/684414p1.html
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