While we hope the rumours of the demise of Studio Ghibli are exaggerated, there’s something special brewing with Ni No Kuni, the PlayStation 3 game developed with Ghibli and Level 5.

We’ve seen a few images and a trailer from this game before and we had only just scraped our jaws up from the floor when this new trailer and gameplay footage escaped from the Tokyo Games Show 2010.

Put simply: it’s like playing a Studio Ghibli film, which is enough to sell it to me.

Here’s the trailer,

And here’s some footage of the game in action,

Now…. RUN!