Not only are Square-Enix mixing it up a little by making it a TPS, but they're also opening a window to bring back what was, in my opinion, 2 of the best PS1 games you can get. Parasite Eve PS3, perhaps? :)
@ dude below me
DINO CRISIS! That's the one I was trying to think of! Yeah, they need to bring that one back, too. And they just might. Especially when you consider that all of the major game companies of yore are bringing back some of their old series (NES Megaman, House of the Dead, Metal Slug, Wario Land, Splatterhouse, Golden Axe, Bionic Commando, and the list goes on). :)
@ Bob Dole (below)
Don't worry. Bob Dole will get his sequel eventually if this turns out to be any good. A PS3 Action-RPG like Parasite Eve is just what the system needs, right now.
@LeShin (above)
Yikes, dude! Don't you think you're judging it a little too early? Every Game Series needs a game to buck the trend once in a while. If and when they make Psrasite Eve 3 I doubt it will be on PSP, anyway.
They could use Consoles for the main series and use the Handhelds for the subseries. Hey, it's worked before (Megaman 1-6 NES. Megaman I-V Game Boy).
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