A new trailer from Tokyo Game Show 2012 gives you a glimpse of what you can expect from Phantasy Star Online 2 for PS Vita. The trailer shows off gameplay, inventory management, and character creation.
As mentioned in the past, the PS Vita version will have cross-platform play with the Windows PC version. Phantasy Star Online 2 will be free-to-download and free-to-play once it is released in Spring 2013 in Japan.
No word on a North American release date for the PS Vita version as of now; however, the PC version has been announced for launch in early 2013 in North America.