As you can see from the screenshots, the game shares some similarities to the Monster Hunter series. We just hope it plays as good as the Monster Hunter titles. From the article we know that the game will feature 1 or 2-player simultaneous play and will cost 1000 Wii Points. This could be a great addition to the WiiWare service that's in desperate need of a new rpg.
We'll have more information on Sorcery Blade as it becomes available.
Source: Wii @ Everyday