New Square Enix RPG For iPhone/iPod Touch

Square Enix has just come off their Final Fantasy XIII launch, before that they released FF I&II on the iPhone/iPod Touch, and now they have just released a trailer for a new RPG.
The new game is called Chaos Rings, and it looks like it will be a pretty big hit. They upgraded their FF I&II tech to do 3D models of characters and enemies, which looks pretty cool.
This trailer is mostly in Japanese, but what really matters is the visuals, and they're very well done for an iPhone/iPod Touch game.