"In 2005 at the Sony E3 annual press conference, Square Enix showed a Technical Demo for the PS3 depicting the opening sequence to the original Final Fantasy VII. Although rumors remained uncorroborated for a time, Square-Enix has made an official statement that there are currently no plans of a remake of Final Fantasy VII for the PS3.
The rumors were sparked a second time recently with Square Enix' exhibition of new FMV artworks during the Final Fantasy VII 10th Anniversary event in Japan. The artworks depict the characters in their FFVII costumes, sparking rumors that a remake of the game may be in development.[1] These CG artworks were printed on their new canned Potion beverages. Kazuo Hirai, the president of Sony Computer Entertainment Japan, has also fueled the rumors by sticking a small note in the exhibition saying "Congratulations for the ten fantastic years! The best is yet to come".
There is further rumor of this in an issue of EGM magazine which states a release date of 1st November 2008 for a PlayStation 3 remake. This rumor is widely believed to be false, due to the release of Advent Children completely moving erratically."
"The Final Fantasy VII Technical Demo was a remake of the original Final Fantasy VII opening, showcasing the new graphical capabilities of the Sony PlayStation 3. When it was released, a large number of fans saw this as a hope for a total remake of Final Fantasy VII. Square Enix has denied this."
http://www.youtube.com/watch?v=EI2QzwcICtY
http://finalfantasy.wikia.com/wiki/Final_Fantasy_VII 
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Do you think that the square enix will have a remake of FFVII? 
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I REALLY hope they do.But I don't know if they would..... 
