Nintendo’s announced a release date for The Last Story. It releases in Europe on 24th February 2012, which isn’t that far away, actually. It has also been confirmed that the game supports a good amount of multiplayer options. Not on the level of say, CoD, but it does feature Team Deathmatch and such modes.
You can play with 5 other players and it remains to be seen how the netcode is for the game.
Mistwalker is behind the game, and they have one more game left in their contract to Microsoft. So after The Last Story, maybe we may finally see something for the Xbox 360.
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Thanks, EG.