This is the game's official website, it's now got a new blog section, offering these updates:

duckroll from GAF translated:

It's just the director and producer talking about Ruri Island, which is the setting for the game. The director talks about how the continent is surrounded by mountain ranges and the only accessible point being that island port. As such it is heavily fortified and a major point of  defense. It sounds like the ruler of the island carries certain ambitions and seeks magic as a resource to rise in power.


     Somehow even though the entire empire is suffering poverty and decay, the town of Ruri remains prosperous. It's implied that the source of the town's wealth is related to magic, and there's a strange power in it which begins to attract monsters towards it, and the fate of the island is soon to be changed forever.

The world of The Last Story is supposed to be one where metal resources are scarce, and Sakaguchi is trying to limit the amount of sci-fi influence on the world setting, and he wants players to be able to enjoy a smooth experience of exploring around Ruri Island, a place bathed in the abundance of radiant sunlight.  

Update #2:

Translation of the text in the blog, here:

In today's column, the game's director wrote that in creating Ruli City, he wanted to convey the feeling of actually being there. He also mentioned game-like elements for the city -- the changing reactions of passersby, things flying in the wind, and even "desperate escapes."


     Wrote the director, "Prior to creating the city, we visited small towns in France and Italy. It was for research. Of course, it's a fantasy virtual world, so there's no need to make it match reality. However, by incorporating architectural designs that were made to support life over a long history, we will be able to build a convincing world."


     Ruli City serves as the base of your adventures, said the director.


     The game's producer, presumably Mistwalker's Hironobu Sakaguchi, made note of some of the differences in design between Ruli City and the cities you find in other RPGs. In most RPGs, he explained, designers add dead ends to road ways and create wide roads, all in an effort to keep the player from getting lost. "However, the city of The Last Story is expansive, and if you walk a good amount, you'll probably get lost. There are few dead ends, and a large number of narrow roadways."


     "There's a reason for this type of setting. Please, walk around Ruli City aimlessly to experience that reason."

Update #3:

Translation of the text in the blog,here:

The title of the latest post at The Last Story blog is "Knights and Mercenaries." Sure enough, we're getting some first hints at game's character settings.


     In the world of The Last Story, there's a harsh separation between two classes of soldiers: "knights" and "mercenaries." This is a separation that's difficult to cross. Knights are at the high ranks of society. They have nothing to worry about except mastering their skills. Mercenaries, on the other hand, are treated like "disposable units." They must wander like vagabonds in search of work.


     The main characters in The Last Story are mercenaries. In the words of the game's director, they "have dreams of becoming knights, but fight on the boundaries of death as mercenaries." The mercenaries know the sadness of losing loved ones, having their villages burned down, and having all their possessions stolen. They want power because power is all important in order to protect those whom you love.


     Writes the director, "'Extreme Power' is poured onto those who harbor 'sadness and loneliness' ... however, they must not make mistakes in how it is used.


     The game's producer, presumably Mistwalker CEO Hironobu Sakaguchi, notes that in addition to having a low social standing, mercenaries are detested because they always fight. Knights, on the other hand, are a symbol of authority. They pledge their allegience to the lords of the land and lead a stable life. People have respect for them as friends of justice.


     It shouldn't be surprising that the mercenaries, who don't know their own tomorrow, should long to be like the knights, writes the producer to close off the blog post.

Update #4:

Translation of the text in the blog, here:

An entry titled "Water" hints at sea travel, a strong sound component, and vehicles. The game's as yet unnamed director writes, "Within the world of computer graphics, the feeling of water is remarkably beautiful."


     He mentions some uses of water in The Last Story's world -- a waterfall in a cave, a large river in the center of town, and "the seas upon which the main characters head out."


     In addition to water, this week's blog post is about sound, which the director feels is important in giving life to the world. "I believe we're progressing well with sound effect production," he writes. "We placed importance on it from the start, and while it is out of the ordinary from a scheduling standpoint, we started sound development simultaneous with the start of production."


     He continues, "In the 'world,' there exists 'sound' that has been running in parallel for a long time. The influence of this will pull the gameplay and cinematics in good directions, I believe."


     In closing, the director writes, "'Water' and 'Sound' -- while in the supporting role, they're also primary players."


     The producer, also unnamed, makes note of the how ancient Rome built aqueducts, which made water supply essential for a city. While The Last Story's main city of Ruli does not have aqueducts, it does have canals which have an effect on the lives of the people. Notes the producer, "The canals lead to the sea, and the sea teaches people that in order to head out on adventure, they need ships."


     Based off the comments from the producer and director, It looks like vehicles, at the very least ships, will feature in The Last Story. Finishes the producer, "The world in an island will expand with the use of ships. Vehicles in a fantasy world are an important tool for getting you excited."

Update #5:

Translation of the text in the blog, here:

Hoshimi no Tou, literally "Star Viewing Tower," is an actual location in the world of The Last Story. Write's the game's producer, on The Last Story's primary setting of Ruli Island, Hoshimi no Tou is a tower from which the stars appear more beautiful. People look up at the stars from this tower, point to their guardian star, and speak.


     The game's director describes one particular meeting at the tower. Two characters meet and speak about their dreams. "In this place that's sacred to the Arganan Family, their hearts touch for just a moment."


     "The girl" whistles a song whose words she's forgotten, writes the director, a melody about people torn apart that has been handed down in her family.


     Both characters lost their parents in their youth, but were able to survive even when surrounded by wars and power struggles. They both have difficult memories, but with time these memories turn into kindness.


     "Everyone has a place that is special to them," writes the producer to close off the blog post. "For 'her,' this Hoshi no Tou appears to be an extremely important place."

Don't forget to give Sakaguchi's own blog an occasional look for tidbits he may reveal, as he did in the past by saying this is a game he's had in mind since the completion of FFVII, it will focus more on the fantasy aspect, it will attempt to evoke the feelings of old school JRPG titles, yet also drive the genre forward in some ways, it's nearing completion, it will have some kind of real time system (battle wise or day/night cycles wasn't clarified), etc.


Feel free to delete this thread if it sucks, it's my first, right? Or second. Whatever. Also, the title was meant to be "The Last Story Updates Thread" instead of "Updated", meh. I hope there's no pre-existing thread.

The director (still unidentified) confirms that the characters depicted in the illustration are the main character and heroine.

"There is a wall between the two," he writes. Based off the director's comments, it seems that there's something keeping the two apart and unable to live their dreams together.

The director also writes that in The Last Story, there will be a number of other  stories besides the story of these two characters. He mentions:

• The fear of speaking your true feelings
• The mystery of the father who went missing on boat
• The difficulty a leader has in making decisions
• The close accomplice who's turned to evil
• The foolish archaeologist's prison break

Concludes the director, "It's very important to merge battles and gameplay with story. Neither can stand on its own. Once both are connected together, the characters will rise up as "human" within the container of a game."

The game's producer (also unidentified) states, "The characters who appear in The Last Story all walk their own paths and have their own stories." He likens this to the real world, where no one has lived their lives following the same path as you.

The main part of The Last Story's story will focus on the main character, says the producer. However, he believes players will also have a chance to be touched by the stories other characters as well. "Once you've been touched by that, it's likely that you'll be able to feel their [the characters outside of the main character] true feelings, which you did not see before."

In a post titled "Tokyo" today, Sakaguchi  wrote, "Recently, I often end up waking up at 5:00. Is it jet lag?  Or  am I on edge because LS is approaching completion?"

Sakaguchi usually makes his posts from his home  in Hawaii.  It looks like he's in Tokyo at the moment, which would  explain the comment about jet lag.

Following  a couple of images of Tokyo's skyline, he wrote, "Last Story's  development is at long last in the final stages.  The feeling of tension  is pleasant."

The post is titled "Chaos and Order." These are themes Mistwalker CEO Hironobu Sakaguchi addressed months before The Last Story's official announcement at the Mistwalker blog.

Writes the director, "Making order from chaos. Or, pulling the enemies who were in order into chaos. Using one of the main character's skills called 'Gathering,' we wanted to make a system that would let you control that type of situation."

During battle, the current focus of the enemy is marked with a line, called a "Pointer." "This is probably the most special feature when you see this game," writes the director. The pointer's color can be used for strategy, as it will indicate enemy type, such as soldier, mage, or archer who attempts to disrupt your own mage's magic chants.

The gathering skill is used to steal the focus of an enemy. Execute the gathering skill, and you make the enemy turn his focus on to you.

One example of this system's use is in a situation where enemies are focusing their sights on your mage. You can use gathering to turn their sights on to you, assisting your mage in chanting his magic.

"Controlling chaos and order on the battle field ties in to victory," finishes the director.

The producer notes that when playing sports or doing anything where you face off against an enemy, the first thing you do is create a strategy. In order to have all members move in accordance with a prescribed strategy, participants need to cooperate, sending signals to each other and getting into formations.

"Combat in games is the same," writes the producer. "Ordered movements of your allies is the key to victory. But what if there were an opponent who could bring confusion to that order?"

http://wii.ign.com/articles/108/1084195p1.html

Agnates, do your thang. 

Agnates said:

This is the game's official website, it's now got a new blog section, offering these updates:

I just realized what this picture reminds me of. . . Chrono Trigger!  I got some vibes from the music in the trailer too.