New information on the home version of BlazBlue: Continuum Shift has come to light, including some details about new features and a release date!
Arc System Works made the announcment at the Blue Fes Spring Raid event in Shinagawa, Japan, with Dengeki Online providing coverage information and photos (hit the link for their coverage story along with event pics). All images in this post courtesy of Dengeki Online. See original story for a few more pics.
BlazBlue: Continuum Shift will be released in Japan for the Playstation 3 and Xbox 360 on July 1st for 7,140 Yen. No release date information for other territories has been reported, but with luck it will be very close.
The home version will feature a third new character (u-12) and will also feature the following modes: Tutorial, Arcade, Versus, Score Attack, Training, Challenge, Legion, Story, Gallery, Replay Theater, and Network.

New character U-12

The game's Tutorial Mode

The Challenge Mode (left) and Story Mode (right)
The game's producer, Toshimichi Mori, along with the game's sound producer, Daisuke Ishiwatari, also mentioned that the game has double the animated sequences of the original. The challenge mode has over 300 challenges and the story mode found in Calamity Trigger's home release is also returning with over 28 stories.
A limited edition was also announced at the event, bundling in a visual book and a Noel Nendroid figure. Pricing for the bundle is set at 9,660 Yen.
Source: Dengeki via Andriasang