All I do know is I still want it. I know, call me crazy, but if Square has let it go on for this long then there must be something else to this title than return on investment. The game must show some sort of promise, and it does have quite a bit going for it. Seeing the gameplay (below) reminds me of FF XII mixed with KH2, which is pretty sweet on its own (and it makes sense since the KH team is the one developing it). The modern mixed with the fantastical has always been a hallmark of the series, and that is very apparent here, with a touch more modern than usual (and even more brooding, which is stunning in itself).
It looks fantastic, but then so do a lot of titles. As we learned from Operation Rainfall, as good as they look they might not all be winners (as 2 of the 3 titles have been very divisive among critics). Maybe I'm just setting myself up for disappointment, but it's a risk I'm willing to take.
If it's real, consider it pre-ordered.