Final Fantasy XIV’s TGS 2012 trailer is here bright and early in time for the first business day of the show.

Though not too much in the way of newness, we can only assume the in-game footage comes from the PlayStation 3 version of the game. Of course, this is simply a guess based on the way the graphics look and Yoshida’s previous comments of the console version making its debut at TGS this year.

A full reveal for the PS3 version is expected next month.
http://www.novacrystallis.com/?p=3524

If it is indeed PS3 footage than the graphic quality obviously took a blow. Let's just hope that the lagging is the video quality and not the lacking capability of the PS3.