But it would make no sense if it was like you said.Please show me a NA or European Nintendo press release that reveals the western Fantasy Life is "Based on Fantasy Life Link". It's not true -- its a complete fabrication by the shitty blog that reported it. Western gamers are getting the same deal as the Japanese for Fantasy Life.
The Link edition has got online and the DLC from the previous edition included.
Would they port the first edition, and re-implement the online infrastracture, or would they port the Link edition, and take out the DLC access for every user? One is an infrastructure that has many implications, the other is a game location gated by a portal.
Besides, why would they port the first edition when they refused to do that when the game came out in japan? Why would they port the first edition only now that the updated version is out? It makes much more sense that the version that is being ported is the Link version, it looks like much less work for achieving the same result (excluding a DLC versus implementing online).