Squenix showed first gameplay footage of Dragon Quest X and it looks... dated. I guess it's pretty for a Wii game, but this is a 2012 release and it would have been nice to see footage from the Wii U version instead (the Wii U version will allegedly have "powered up" graphics). The game can is designed for online play and will have 3DS tag mode functionality even though there is no 3DS version. Cross-compatibility with the two console versions is also in the cards. USB keyboard and Classic Controller Pro are both supported along with some kind of USB memory add-on that will come with the game (rumored to be for DLC). Two major things are still fuzzy: One, what kind of online game is this? Is it a real MMO a la WoW or a small party MMO like Phantasy Star Online and Monster Hunter? Two, when in 2012 is it coming out? Will the Wii version launch first with a Wii U version later, will they ship at the same, and will the Wii U version be a launch title?
Official site is here: http://www.dqx.jp/
The trailer shown at the press conference should start popping up around the web soon.