Looks great and I am definitely interested, though it kind of looks like it'd be easy to confuse the enemy explosions with enemy bullets. But if the trailer is anything to go by, you're invincible/untouchable. I do hope the hit box is bigger than 1 pixel like most bullet-hell shooters. Such a small hit box feels unnatural and that's why I could never really get in to them. But at least it is side scrolling instead of overhead.
Any chance that this will come to the 360, or is it a Sony-commissioned product?