I just found the E3 demo for the new .hack game (PSP )

But the whole thing is in japanese and i was hoping someone had some more info

Not a whole lot, but I have a bit.

The game seems to revolve heavily around four primary guilds whose names escape me. The largest guild is heavily PvP oriented and has been causing a lot of trouble (griefing) for the newbies. The second largest opposes the largest and is very pacifistic, playing the roles of guides in large part. The third largest guild I don't remember, and the final guild is very shadowy with a hidden base within the world guarded by a seemingly powerful monster.

Aside from that, nah, can't say I know much else. Sorry!

I've been reading the IGN articles, Kite makes a reappearance in what appears to be the church in "Hidden Forbben Holy Ground" also they mentioned .hack//fragment which is apparently their attempt to actually make "The World" a real online game