Three sisters and a camera on a haunted island? Sounds about right.

Plot: The game is set in the mysterious Rougetsu Island, where five young girls of the Minazuki family were kidnapped in the past. Two of the girls later died, while the remaining three - Ruka, Misaki, and Madoka - have decided to visit the island in an attempt to remember what happened during that incident. The magazine reveals that players will take on the role of Ruka and venture around the mansion in the island, which is decorated with a number of strange masks. Looking at the previous games in the series, players switched between characters so there is still the possibility of both Misaki and Madoka becoming playable as well.

Gameplay: Gameplay will still revolve around players using cameras to eliminate ghosts and other bizarre creatures. No new details on how Wiimote controls might play into the new game were revealed.
(cameraslens.com revealed that there's specualtion from the Famitsu editors that we're possibly playing the game from behind the main character's back - possibly like RE4?