Virtue's Last Reward/WMG

Zero III is

 * Because why not?
 * How about it's an A.I. based on ?

New characters

 * Phi- Santa's daughter
 * Unlikely. The game takes place just a year after the first game. Unless time travel is involved, Santa is too young to have a daughter Phi's age.
 * Sigma- Ninth Guy's son
 * Old Guy- ?
 * Jumpsuit masked guy- Seven(???)
 * Alice lookalike- Seven/Lotus's (Just Lotus?) daughter
 * The Alice lookalike seems like it will be the "Alice" that appeared in the end of game one. It will probably explain whether she is in fact an ancient mummy or whatever.
 * It has been said that her body is composed of Ice-9, so this can be considered confirmed.
 * Magician Guy- ?
 * Blond Boy- Old guy's grandson (This one is confirmed)
 * Apparently not. A newer trailer said they weren't really related, but hang out together.
 * Pink Hair- Somehow related to clover
 * Confirmed to be Clover herself.
 * Redhead woman- ?

New character expies
Sigma- Junpei Jumpsuit masked guy- Seven Alice lookalike- Lotus Pink Hair- Clover Redhead woman- Akane

The characters of the first game were developed to distort what you would expect them to be by their appearances and mannerisms. These characters, in suit, will have opposite personalities to the expied characters.

Luna (the orange-haired woman) is a Yangire
"Not really what she seems to be, according to some rumors."

Luna is a Red Herring.
In the anime promo, the camera notably lingers on her when Sigma asks "Who would do such a thing?" While she will turn out to have her secrets, she won't be responsible for the new Nonary Game -- instead, she exists to make players think.

Junpei is Zero the 3rd
The bunny motif, the betrayal theme of the third Nonary Game, it all seems to point to him.

Clover will be unsaveable in Extreme Escape Adventure: Good People Die.
As an unescapable Player Punch.
 * Alternately, saving her will be very difficult, and typically involve a Sadistic Choice.

K is Ace.
Thank about it, what better way is there to than to have him participate in another, similar game? You know, while I'm at it...
 * Jossed. K is

K is one of the 9 people from 999, barring Clover or The 9th man.
Because why else would they put in a character who has amnesia, and whose face is hidden?
 * Jossed. See above.

Zero-3 will change depending on the ending.
It's a stretch, but it would be interesting.
 * Jossed. Its the same person every time.

The funyarinpa will make another appearance
Simply because it's too good a line to waste.

The game will suggest that June is pulling the strings.
And it will turn out to be just a cruel tease by the writers to make us think that Junpei had actually found her.

The ecchi promo game will somehow be plot relevant.
Maybe Zero 3's motivation is simply to see Clover's breasts?

Extreme Escape Adventure: Good People Die will lack a Golden Ending.
There may be a True Ending among all the Multiple Endings, but there won't be a single Golden Path that leads to an unambigiously happy ending where everyone gets saved. Instead, the endings will either be bittersweet or complete downers. The player will be faced with unavoidable Sadistic Choices no matter what they do.

Aksys WILL localize Good People Die, and has just been screwing with us.
Recently, the following quote appeared at the end of a post on the Aksys main page: "Bonus: You might want to pick up the next Nintendo Power, on stands on 2/28, for a very special announcement....." I'm thinking this might be the announcement that they are going to go ahead and localize it. I mean, they do still have that mystery game in the fall, and they know the demand is there... (A man can dream, can't he?)
 * Sweet Nonary Jones, CONFIRMED!

The characters, like in 999, will also be based on the Enneagram.
Tenmyouji is a Reformer (1), K is a Helper (2), Dio is an Achiever (3), Alice is an Individualist (4), Quark is an Investigator (5), Clover is (again) a Loyalist (6), Sigma is an Enthusiast (7), Phi is a Challenger (8) and Luna is a Peacemaker (9).

K is Zero, but he doesn't know it.
He wanted to play his own game, so he gave himself amnesia.