It's strange at the time I felt The Last Story was way way better than Xenoblade. I just couldn't get into Xeno at all where as I loved how quick and to the point The Last Story was. Now I can't even remember a single thing about it barring the a twist at the end with the final Villain.The Last Story is one of the few JRPGs I've completed that I remember nothing about, just a white tiger and the fact you could make all the anime men shirtless. So you know, the essentials.
It was good? I think? Just compared to Xenoblade I can see why it was forgotten.
I'd like Nintendo to fund similar things these days, though they kinda do with the likes of Go Vacation.