Even more conclusive evidence that Namco is doing the impossible and actually localizing a Tales game can be found after the break, in the form of the less blurred image that was initially posted on the teaser site, according to NeoGAF poster miladesn.
Update: Namco has refreshed ATaleofTwoRichards.com with an even blurrier image and the date "2.2.2011" (February 2).
Update [2/2/11, 3:20PM ET]: Namco has updated the teaser site with -- if you can believe it -- the blurriest image yet. Additionally, the teased date of "2.2.2011" has been removed. So now what?
Update [2/2/11, 4:30PM ET]: Well, hey now!
You can make out some lettering in the alleged original teaser image:
Compare to the Tales of Graces F logo from the official game site: