I think I got this in before KyotoMecca (thanks to txb)
http://games.kikizo.com/features/mistwalter_sakaguchi_iv_aug05_p1.asp
Some interesting tidbits about the mechanics of the games in there.
http://games.kikizo.com/features/mistwalter_sakaguchi_iv_aug05_p1.asp
Sakaguchi: As for Blue Dragon, that's an estimate of the visuals, but with Lost Odyssey, what you have seen is about fifty per cent real time.
Some interesting tidbits about the mechanics of the games in there.