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 Member 445 Level 24.23 Mar 2006 
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I think the fact that Mistwalker is nothing more than a concept studio shows. They come up with a game idea then largely ship it off to a group of unknowns to develop. I can't say that I've been impressed with any of their offerings so far and I think both Monolithsoft and Mistwalker shows that it takes a lot more than some talent to make decent games.
I know one thing for sure though, they aren't going to last with Microsoft so I have little doubt they will be going multiplatform soon after CryOn is done and their development contract with Microsoft is fulfilled. Jam it back in, in the dark. 
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Member 445 Level 24.23 Mar 2006
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Most development studios are funded by their publishers. I can't really think of anyone these days that can make a game then seek out a publisher for it.
There is also a huge difference between Level 5 and Mistwalker. As I've already said Mistwalker is just a big concept think-tank. They don't have an actual development team and they don't get very involved with their projects once the concept moves to an outsourced development house. Level 5 is an actual concept and development house. The creators of the projects oversee every aspect of the project as it advances like with most other developers, hence why we see some quality from them. Mistwalker will not be able to deliver a decent game until they restructure their development process. They need their own development house and the producers need to be there for every aspect of development rather than just for the concept and approving major changes that the outsourced projects might desire. Again, I will not be at all surprised if they actually turn to Sony and Nintendo and get this once their dealings with Microsoft complete because to be honest the Xbox 360 experiment has been a failure. How ya doing, buddy?
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Cetra