It may be difficult to tell from the beginning of this video (after the title screen loads, duh), but it's a trailer for Metal Gear Rising: Revengeance DLC. The VR missions are exclusive to PS3 and drop on March 12, free through April 3.
There are 30 VR missions in total, including one with a wooden sword that speaks – yes, speaks – in Solid Snake's voice when in use. Get a taste of the action above.
Metal Gear Rising: Revengeance is the new name for Metal Gear Solid: Rising. The project is now a collaboration between Kojima Productions and Platinum Studios for Xbox 360 and PlayStation 3. The project was originally announced at the Microsoft E3 2009 press conference.