Today, Square Enix announced that they have started development on Final Fantasy V for release on the PlayStation Network. The game will have newly created CG cut scenes that will be exclusive to the PlayStation Network version of this game and you get to see the active time battle system in place that we’ve known to love. Add in some mini quests, and magic summoning and you have yourself a complete Final Fantasy experience! This will join the other Final Fantasy games, already available for download like Final Fantasy Tactics, Final Fantasy VII and Final Fantasy VIII. No price or release date has been announced for FFV, but I’m sure Final Fantasy fans will be quick to download this one to play on their PS3 and PSP.

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