Here's the trailer.http://www.youtube.com/watch?v=8L3zdx7I8oI
Seems we have a sword wielding Vampire protagonist, an axe using chick in a Prinny hat, a fire element fist using werewolf, some kid with a green cloak (primary stats are INT and SPD), and a pink haird girl with white wings as main characters. Axel has been confirmed to be making an appearance.
Two monsters can fuse together to form a really huge monsterous creature. Seems that said monstrous creature can be Mchanged into a MASSIVE weapon. Dual wielding seems possible through unknown means.http://ps3.ign.com/articles/112/1121565p1.html
Seems the fate of the company rides on this game. From this we find that said Vampire is rebelling against a corrupt government with the help of his werewolf buddy in a plot that involves political campaigns. Seems the game isn't the Twilight "take that" that I thought it was, but rather a much deserved roasting of corrupt/ineffective politicians that seem to dominate these days.
Coming out 2/24/2011 in Japan. A later press conference has confirmed that the game is coming state side in summer of 2011.
Edit: Seems that the Gargoyles from the 1st game are returning and that there is some new machine monster, and some new class in black.