Wouldn't surprise me one little teeny weeny bit. We've seen about 10 seconds of footage maximum, have heard precious FA about the title and basically our knowledge is limited to the title of the game, it seems to be first person and we can swing the remote to attack enemies. I expect to see something more during a trailer reel sometime next week, but I can't see this one coming until early-to-mid 2007. That's fine by me, as the launch is already very strong and is ravaging my wallet, so while delaying is annoying at least there's the chance that it'll be better and I'll actually be able to afford it when it comes out.
We'd better hope Nintendo are already localising it though, because otherwise we won't get it til the end of 2007 knowing Square-Enix...