TALES OF PHANTASIA OVA
This is a four-volume OVA that covers the plot of the game. I believe it's already been showing on Japanese PayPerView, but here are the DVD release dates:
First vol: 11/25/04
Second vol: 01/24/05
third vol: March 2005
forth/final vol: summer 2005
TALES OF ETERNIA: THE ANIMATION
This is a great 13-episode series that inserts an extra piece of plot between Efreet Gorge and Mt. Farlos. (If you were wondering about the girl who plays a lute or the girl who rides a dragon that were mentioned obscurely in the game, this is where they show up.) Media Blasters was going to dub it, but they've dropped it. Go get yer fansubs!