Posted here originally:
http://dynamic.gamespy.com/~japangaming ... .php?t=737
Arika of PS2 ESPGaluda and Dodonpachi DOJ fame states that they will be co-developing next-gen games with Cavia to lower risk. First on the lineup is Tsubasa Chronicle (working title). Of all Cavia's games, I've only played two. Drag-on Dragoon which had it's moments, and the PS2 Ghost in the Shell: Stand Alone Complex which I actually liked.
After reading further, it appears to be an RPG version of CLAMP's Tsubasa Chronicle. I personally don't get excited over manga and anime games but I thought X was pretty cool.