User blog comment:Plexioth- xD/Monster Hunter 3 Ultimate/@comment-98.206.196.226-20120221084307/@comment-70.54.115.173-20120221084821

it isn't a tech demo, it's the downloadable version of the PSP game. That's already available on the Japanese PSN. The PS3 game was intended for release by Capcom, but blocked by Sony.

The only thing that is known about Monster Hunter's future is that Monster Hunter 4 for 3DS is being worked on for Japanese release. There might be news on it coming from Nintendo in tomorrow's Nintendo Direct (a lot of Monster Hunter 3G information came from there) but that will only deal with Japan.