I have been removed from the Harvest Moon franchise for ten years at this point. The last game in the franchise I played was Harvest Moon: A Wonderful Life. But from what I have seen at E3 steps have been taken to bring back long lapsed fans such as myself.
Harvest Moon: The Lost Valley has taken steps to be more accessible. No more item management, all prompts are contextual, and any area on your plot of land can be used to grow crops, wood, or anything else. Because of this a lot of the more tedious boring parts of the series have disappeared. The developers are trying to create what feels like a Harvest-Moon-Minecraft hybrid based around farming.
As always you will be able to raise a family, and they can in turn help you raise your farm. Everything in the game is built to help you earn things towards raising your farm, though plenty of free and paid DLC are planned to add more variety and content.
Harvest Moon has got me looking its way for the first time in a while, and hopefully it lives up to the promise of an accessible, fun, farming and life sim.