AHAH I FOUND IT!
this is an XBOX only game, although it might be playable under an emulator.
Kingdom Under Fire: The Crusaders
It's a combo RTS and 3rd person hack n slash. One of the BEST games I have ever played.
Apparently there's a new one in the works for release some time this year (W00T). From what I've heard, the newest released one (in '07 called "Kingdom Under Fire: Circle of Doom") sucks, and is 0% rts, 100% hack and slash grinding.
It's an amazing game. You have to use strategy to survive. It's awesome when you're on the ground and can help out your troops by slaughtering hordes of enemies, but once you get into more strategy elements, it becomes way better than a normal hack n slash (elements like mines, catapults, archers, flying units, mounted units [like mounted scorpions], or massive units [like a 100 foot tall thing that shoots goo balls at you])

Why does blue text appear every time you are near?