Were you aware that Japanese Harvest Moon publisher and developer Marvelous Entertainment was making a large scale multiplatform RPG for PlayStation 3 and Xbox 360?
Don't feel to bad if the answer is no, as such a game was never formally announced. However, in an earnings briefing today, Marvelous said that it was developing a large scale multiplatform RPG for the two platforms, but it decided to cancel the project after considering the future game market environment.
It looks like this project might have been pretty far along, as the company listed 245 million yen as losses attributed to the cancelation.
There will still be an HD RPG from Marvelous, though. PS3 will be getting Rune Factory Oceans, which is due for Japanese release on February 24. This is also multiplatform, but with Wii instead of Xbox 360.