we heard about their Virtual World, a simplistic derivative of Second Life that would operate on ad-revenue. We've also heard briefly about Concerto Gate, a free-to-play game that looks to combine the social aspects of an MMO with the super-deformed characters and battle systems of a console RPG. And lastly, we heard a bit of news last month that indicated that Square's next big MMO is already well along in development, and is currently being tested internally.
Now the latest news on the wire is that Square's Taku Murata may talk about their big new MMO at GDC next week. If you look at his personal page on the GDC website, it says that he'll be talking about how they plan to use their new engine not only in the development of the new Final Fantasy for the Playstation 3, but also for a "new MMORPG in development." With the game development climate being what it is in the absence of E3, it's entirely plausible that they'd take the veil off of the game at GDC. We'll just have to sit around and wait another week to see if every Square fanboy's dream comes true.
[Via PS3 Fanboy]