The past record of developer XSeed isn´t that great, but I´d like to point towards the debut trailer of Valhalla Knights: Eldar Saga for the Nintendo Wii.
On the tech-side it looks extremly bland and simply bad. But if you let the shown scenes sink, then it looks quite promising. My initial reaction was “Zelda meets Monster Hunter meets Ico“. Certainly not a bad mix. It has to be seen if the gameplay is any fun or if it´s just another brainless brawler in bland environments, but the way the character climbs and stays on top of rocks makes me look forward the this title. If the current gaming-industry has proven one thing, it´s that you cannot trust the hype for big games. Not saying that this game is going to turn out being Goty-material, but just because its visuals aren´t on par with Mario Galaxy doesn´t mean anything. Thanks to Rising Star Games, the game will be released in Europe, probably in 2009.