Well, that was faster than expected. I figured the MegaTen team would wait until the ten year mark like last time but I guess this is pretty close.
Shin Megami Tensei IV confirmed by Famitsu ad - Neoseeker
The game was confirmed in a recent Famitsu issue and it looks like the team is doing what other companies (Squenix and Sega most noticeably) have been doing and decided to release a numbered sequel on a handheld. Looks like a 3DS is definetly in my future at this point. Though, I now wonder if this means Persona 5 might also make the jump from console to handheld?

					
						
					
						
 Shin Megami Tensei IV Announced
					
				

					
					
					
						
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 )   and doing so rewards you with more AP to go towards learning skills. The story is broken up into two games. 

						