Update 19/03: A new scan, courtesy to Jeux-France. The game is said to be 50% through development and due in Japan later this year.
Original Story - This week's edition of Shonen-Jump has reported a DS entry into the Valkyrie Profile, bringing a new perspective into the mix.
Details are a little sketchy, but the game will be presented using 2D sprites in an isometric perspective, taking the role of a young soldier, Wilfred, who has issues with the Valkyries. He's given a feather by Heru, the Goddess of the Underword, to get his revenge.
Thanks to DS Fanboy.
Valkyrie Profile DS is in development by tri-Ace.