This game from the studio that brought us Ico and Shadow of the Colossus seems to have kept the atmosphere and artistic style of the first two games and seems to be steeped in just as much mystery and charm. The gameplay seems to be third person and puzzle based more reminiscent of Ico than Shadow of the Colossus.
Although the trailer did not gives us all that much information about the game, just the mere confirmation that it is still in development is enough for the patient fans of Team Ico. The game still very much looks like the same game that we glimpsed at E3 back in 2009.
Although a specific release date was not shown, we have been promised that the game is coming in 2016. After so many years of painful waiting, this is close enough to an actual release date.