"Shin Megami Tensei V is a role-playing video game set in modern-day Tokyo. It will feature gameplay elements from previous Shin Megami Tensei games, such as the ability to fuse demons, along with new mechanics.
Shin Megami Tensei V is being developed by Atlus, and is produced by Kazuyuki Yamai, who previously directed Shin Megami Tensei IV. One of the development team's goals with the game is to depict and sympathize with the "characteristics of the times", such as unemployment, unease about retirement, terrorism and nuclear weapons, and problems at home. The game is developed as a hybrid between the "profound charm" of Shin Megami Tensei: Nocturne and the demon-raising gameplay in Shin Megami Tensei IV."
From what I understand, SMT games are basically just the dungeon portion of Persona but far harder and more complex. If so, it's probably going to be a pass for me. My favorite thing in Persona is managing the social aspect, the dungeons generally bore me.