Speaking with Wired at the DICE Summit in Las Vegas, NCSoft's new president Chris Chung said that his company should have "something to announce--not only announce but to show--by the second half of this year. I'm pretty psyched about that."
The easy solution would be to simply port NCSoft's existing library of games like City of Heroes/Villains, Guild Wars, and Tabula Rasa to the PS3, but according to Chung, "that's the wrong way to do it. You have to create a gameplay that's really suitable for the console space, the console experience. I mean, it's very different from PC."