We've known that Nintendo have a game called The Last Story in development for a while, but we didn't know who was actually working on it. Now the game has an official website and it turns out that it's Hironobu Sakaguchi, the father of Final Fantasy, and his Mistwalker-studio that are developing it.
You can find the website here, but there's not much there except a logo and some typical RPG-music. Knowing some of you, that's quite enough to get your juices flowing.