It's official, one of the "founding father's" of RPGs is finally getting an installment on the PSP and will be exclusive to the PSP. No, I'm not talking about another Sega Genesis emulator, Phantasy Star Portable will be released in Japan on June 31st. As of right now, we are not sure of a U.S. release date.
Phantasy Star Portable will be based off of the most recent installment in the series, Phantasy Star Universe: Ambition of Illuminus (PS2, PC), and will feature new characters, items, a completely original story, multiple endings, and the possibility of downloadable content.
Here is the trailer for game:
[Source]