The latest issue of Famitsu showed a preview for a new version of Phantasy Star Universe game, for the PSP, dubbed Phantasy Star Portable. The game will feature an all new story mode, two new characters, and a new multiplayer mode that includes local 4 player co-op. No info if this game will feature a online mode.
The two new characters are:
Vivienne: A new cast that looks like a rabbit, you will be able to team up with her in the new story mode.
Helga Neumann: The villain in the new story mode, he is wanted for terrorist attacks in the Gurhal System.
The game is set to be released in 2008, in Japan. Lets hope we get a world wide announcement.