Drakenguard 3 is actually a prequel to Drakenguard. Square Enix Composer Keichi Okabe who composed music for Nier is the one in charge of the music in this game. It'll be released exclusively on the PS3 next year. But Europeans will only be able to purchase it via the store.
I'm on the fence. They are trying to aim this at more hardcore games yet it still really has that japanese feel to it which to me doesn't appeal to hardcore gamers in the least.