In a recent Q&A with Siliconera, The Blazblue Producer, Toshimichi Mori touched up on what type of games he would love to create.
And one of them was an action title similar to the Devil May Cry series. Also another tidbit was a mention of a crossover game with the Trigun anime series.
If you want to see the whole interview then click here. He also goes into detail about the future of the Blazblue series.