The upcoming PSP version of Persona isn't so much a remake as it is an enhanced port. Although this gameplay sounds more like Persona 3, it still features graphics from the PS1 era of games. The new widescreen presentation and character portraits look good, yes, but it still doesn't hide the rather antiquated look of the sprites.
Though this first look at gameplay is a little underwhelming, our excitement for Persona still remains. The franchise has seen quite a resurgence due to the last two PS2 games, and it'll be interesting to take a look at how the series began. Persona will be available on PSP this fall.