While I'd like to believe that, the sad truth is that we have no idea how much of anything we've seen in gameplay trailers is real stuff, proof of concept demo stuff, placeholder, or whether they've just scrapped large sections multiple times and aren't getting any where. The sad truth is that even gameplay trailers can be made to look like there's more there than there really is, so we can't know for sure if they had anything worth playing done, or if they had a lot of work in before deciding to scrap it and start over.
I'd like to hope that the game will actually come out because it was the FFXIII title that actually looked fun and interesting, but seeing as it was announced 6 years ago and they've made almost no announcements or real progress in that time, and certainly a lot less in the last year or so, I wouldn't be surprised if it really is cancelled. I suppose we'll find out before too long. If it really is still in production Square will probably make a statement. If it's not, they'll probably stay quiet for a while until they announce their next bit of vapourware.






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