Being a fan, nay, HUGE fan of both genre's I was super excited to see this announced. Beyond the Future: Fix the Time Arrows is a otome+RPG theme/gameplay game for the PSP and the PS3 by 5pb and Lucian Bee’s developer Rejet. I would take it for either-or but if it would be cheaper and more cost effective for localization for a PSP release I'll take it! I'll take this any way I can get it to be honest. I suppose though it all rests on how well Hakuouki does but I would love this for my new PSP collection.
Some early info on the game is here: http://www.siliconera.com/2011/08/11/choose-your-ideal-rpg-class-for-a-date/
A video is here: http://www.siliconera.com/2011/10/01/heres-another-whiff-of-beyond-the-future-fix-the-time-arrows/ as you can see there is, albeit small, some support by people that do wish it localized.
The official webpage is here: http://5pb.jp/games/btf/
And to end this off I will say this... f-f-f-fairy guy! *squees and faints from loss of air*