We, begged, we pleaded, and a certain group of followers organized a petition for it. The Last Story has been confirmed for a North American release! XSEED announced their partnership with nintendo for this release and they will be the publishers for the NA version so those of you who were dying to play this, rejoice!

Here is an article about the announcement. Wii's 'The Last Story' coming to North America in 2012 [update: summer!] | Joystiq

You're all welcome btw