Hironobu Sakaguchi, creator of the Final Fantasy series and boss of Lost Odyssey developers Mistwalker, isn't just working on a "long-awaited new blockbuster project". He's doing an iPhone game as well.

Posting a "happy new years" message on Mistwalker's site, Sakaguchi says Mistwalker "are also working on a project for iPhone", and that it "should be released soon". Blue Dragon iPhone, perhaps?