Thanks to everyone who had submitted this information. Many people have recieved their copies of EGM, and here's the general idea of what's in there.
Online and Offline modes, supposedly separate from each other, offline with 40 hours of game play.
Offline details: The game begins on the 100th aniversary of the formation of the common wealth. Main characters Ethan and Lumia are attending. In the sky is an airshow, but it is soon disrupted by an alien race. The game appears to be partly mission based as you'll recieve assignments in your (Ethan's) own room. Battles will be action oriented like PSO.
Online details: Not many details are known about online mode. What is known is that you can have a whole lot more customization with your character than there was in PSO, and that the number of players in game has been increased from 4 to up to 65, making this game not quite MMO just yet. sources: EGM and
IGN