Japanese magazine GeMag had the chance to speak with Mr Nomura recently and it looks like Versus is some time away. At the moment he's involved in the production of 5 titles and one he won't speak about and he says PS3 games aren't his first priority. Here's a translation I've tried to clean up from German.
He says that he would gladly bring the game out earlier for Playstation 3 yet the development software isn't completed yet. From his viewpoint as Director the start on the PS3 is slow but it is however unavoidable as the software isn't finished. He also says that next year he would like to show some more game scenes and introduce the game system itself.
It look's like 2007 is going to be a busy year for Nomura but once all the current games are released he should be able to concentrate on his new creation. That's if Disney doesn't persuade him to start Kingdom Hearts 3.
Source:
Gamefront