The PSP is far from being dead in Japan and Sega still is supporting the system with games like Shining Blade. This trailer is the real deal: It introduces the characters, the battle system and shows some gameplay footage. The Anime footage produced for the game seems to be top-notch in terms of quality too. Since it is a PSP game, chances of it ever coming to the West are really slim, but maybe the title will come here as a PlayStation Vita downloadable only?
[Source: Andriasang]