N1 would probably be making H-games if they could sell them on console. Disgaea 4 is looking good though.
I just saw this on system11 too. Cave streamed a show on ustream earlier, where they announced some of their future plans:
http://gamenyarth.blog67.fc2.com/blog-entry-8180.html- new ESP Ra.De title in plans
- STG collaboration with other companies (?)
- adventure game that Cave is making now will be filled with mini-games, again in colaborations with other companies
- 2d action title in plans too
- ESPRade/Guwange material collection book in works
- Asada wants copyright rights for Bombuzal
Good news all around. I wonder how their 2D action game will turn out. Too bad it'll probably be for XBLA or something.