The magazine's report (helpfully translated by Siliconera), claims that the handheld incarnation of BlazBlue: Chrono Phantasma will feature DLC cross-buy functionality with the PS3 game as well as the updates planned for the arcade version of the fighter. Siliconera also notes that "beach events" are being added to the game, though it's unclear what exactly they might entail.
Lacking from the Siliconera report is any word on when BlazBlue: Chrono Phantasma might hit the Vita. However, a Gematsu translation of the same Dengeki PlayStation article states that the game will make its Japanese debut on April 24, and that it will feature a price tag of 5,800 yen (about $58). No Western release dates have yet been revealed.