News and Release of a new RPG for the PSP by Tregesoft, heres the info from the FAQ:
What type of game is it?: It is an RPG. It is single player, however we might look into using ad-hoc for something down the road. The game will not be a tradional linear RPG, but an open path game, kinda like Oblivion, only with 2D graphics, and a budget of $20 (est). The game will have a central plot, but will focus on the ability to do it mostly at your own pace, and have many side-quests and full-game quests (eg rare item collections and sequential side-quests).