Cave have released the first trailer for Espgaluda II for iPad. Note that the game only runs on iPad 2. Espgaluda II HD is slated for release sometime this fall. Here’s the trailer:
The trailer also mentions that you’ll be able to download “split versions” of Espgaluda II on both iPhone and iPad. What this means is that you’ll be able to buy the original Arcade mode and Smartphone modes separately.