To be fair, Lunar Legends was but a shadow of the Sega CD original and the PSOne remake, both.
Also... different developer, I think, no? The people responsible for the PSOne remakes of the first two Lunars, in conjunction with Game Arts, are making this newest one! Bodes well! The only thing missing is Noriyuke Iwadare's soundtrack... but considering how his music turned out in Radiata Stories and Grandia III... it might not be such a big loss as I first felt!
I just really thought the game would be delayed until next year. Didn't it only just come out in Japan?
Ubisoft's online store seems to list game as $30, not $40, btw.