During a sit down the people behind the Final Fantasy X/X2 HD remake spoke to a small extent about the chance of Final Fantasy VII getting done. Yoshinori Kitase mentioned that if they were to do a remake they would need to sit down and figure out the best way to do it. They can either remaster the game giving it a face lift or a full blow HD remake. In my opinion if this is going to be done please Square Enix go for the remake. With the technology offered today it would be wrong to see Cloud fight with blocks hands holding a sword.
Article:http://www.ffdream.com/news-14856.html
As always thank you for reading.