I purchased a copy of this from The West Exit some time ago, and while I see this game referenced to on a few sites (as well as being listed with a price of $39...), I've never found anyone discussing the actual title.

As far as I can figure, it's a mystery title in which you must watch events through a VCR interface and interpret possible clues. From there, you can interview different people. You also have three people who are watching the tape who seem to give their commentary on the events.

That said, it's not gaijin friendly! The interface is simple enough to figure out, but without any actual knowledge of the Japanese language, you'll find yourself at a loss as to what to do next.

I was able to purchase this, complete, in great condition, for about $5. If you're curious enough, try to get it for that price.