Day 1 buy for me. I got the Wii U for Christmas, but haven't played much of it since I just have Nintendoland and the new Super Mario Bros Wii U game. Since it takes a while to localize a game, I'll have enough time to transfer over my Xenoblade Wii data, beat the game and be ready for this one.
Back on topic, my first impression from the teaser trailer is that it's a direct sequel to Xenoblade and not just another "xeno" title, but we'll see. Will we see the story take place on the Mechonis titan? If you notice the fighting mechanics and exploring lush fields laden with giant enemies, it's very reminiscent of Xenoblade. The big red "x" did throw me off though. We'll just have to wait for more details to come.