http://www.imagebam.com/image/fdd22d45805827
http://www.imagebam.com/image/75290b45811493
Apparently, you can pick between a male and female MC. And there's also that male version of Elizabeth. You'll actually be able to control your entire party this time around.
From a neogaf user who can read moonrunes:
QuoteNo. They're not going to make any of these MASSIVE changes you think they are making. It's a port of Persona 3, with selectable protagonist. There will be certain things unique to the female route, and there will be some new additions to the male route as well. Otherwise it's the same game with various improvements. Apparently there'll be 5 difficulty levels, and like in P4, you can set your party members on manual control. The game is coming out on 1st Nov.
First Persona 1. now this. Fuck you Atlus. Quit making me spend money. ;_;