[quote name='IRHari']Can someone explain what the gameplay is like? Is it like a Demon's Souls ActionRPG? Or is it more like FF13, a turn based RPG?[/QUOTE]
From what little I saw in the TGS09 reveal trailer, it looked to be a turn-based rpg. Near as I can tell you control the one character (inhabited by two souls, so you get to switch between the two between attacks). Who knows, there might be more party members later on.