A remake of Final Fantasy VII is something Square Enix gets asked about every couple of
years days. Square says that they would never make it unless they believed that the original could be topped. Perhaps now is that time, because a new rumor states that the game is finally being made.
This rumor's source comes from NeoGAF member Verendus, an industry insider who has had a relatively solid track record. The discussion started over a Eurogamer interview with Final Fantasy VII director Yoshinori Kitase. Kitase said that, "... you must believe me when I say it would take a lot to happen," when asked directly about a potential VII remake. Verendus responded on the GAF thread with this:
"It's happening. He's obviously not going to give any indication as such though so it hardly matters until they're ready to announce something. His comments make sense. It's a huge project that will take a lot of effort, and demand a lot from him personally, in order to ensure the end result is something satisfactory."
Make sure you've got plenty of salt ready, because a rumor this big will need much more than the metaphorical grain. As mentioned previously, Verendus has been accurate in the past, but this statement reads more like his hopes and dreams than a substantial leak. With a fan base as loyal as Final Fantasy VII's, we can't stress enough that this is only a rumor. If it holds true, Square Enix will tip their hand sooner or later. Hopefully it looks like their technical demo for the PS3, or maybe a little better.