Nippon Ichi is at it again which means more awesome Takehito Harada artwork! The game seems to be action based and you control a little knight to attack enemies, npcs, giant bosses, etc.
http://www.siliconera.com/2011/10/05/lo ... iconera%29
To avoid just regurgitating the whole post I'll also add that similar to the japanese Disgaea 4 there will be a CE with artbook, soundtrack, and of the ...sold.