At the recent XBox 360 Summit Hudson announced a remake of the
original Far East Of Eden: ZIRIA for XBox 360.

Here's what 1UP.com had to say-

"Hudson held a hot hand this afternoon, revealing anime role-playing
game Tengai Makyo Ziria from Sakura Taisen developer Red
Entertainment. The game features animated video clips integrated with
cel-shaded gameplay that is reminiscent of PS2 game Dragon Quest
VIII. Little is known about the Xbox 360 version of Tengai Makyo,
although its opening narration in English leads us to believe the
game may see release in North America."

I'm guessing that it will be more of an original game than the TM:
Manji Maru games on PS2/GC, since the original game went through so
many revisions and isn't considered as legendary as the sequel.

I'm still holding out on a Fuun Kabuki Den remake in any shape or
form.

Although I'd already planned on picking up an XBox 360 early on to
showcase my new DLP Projector, I now have no choice(although I still
have yet to get an import PS2 + TMIII).