Source:  VG247
 
When the Playstation was first introduced to video game consumers one of the first things shown to showcase the power of the console was an HD remake of the beginning sequence of Final Fantasy 7. To many nostalgic gamers it appeared as if Square was re-making the much beloved entry to the popular JRPG franchise. However as time passed by since that cinematic was first shown the odds of such a remake happening dwindled. Now Final Fantasy XIII's Motomu Toriyama and Yoshinori Kitase have closed the books on such a remake:

There's no official project that's up and running for a remake of Final Fantasy VII at this point. Both Toriyama-san and Kitase-san were involved in the development of the game, however, and it holds a special place in their hearts. They do talk about it on a personal level, like, 'If we did it it would be like this or like that.'

So, they do talk about it, but there's no official project yet.

Agreed.

Too Walrus: Fuck FFVII in it's current state. That game has aged terribly, and is unplayable to newcomers.

Final Fantasy VII was great and we should just let it stay that way.

Remaking Final Fantasy 7 would be a license to print money.
Square Enix is out of their damn minds.

" Remaking Final Fantasy 7 would be a license to print money. Square Enix is out of their damn minds. "

" @JeffGoldblum said:

" Remaking Final Fantasy 7 would be a license to print money. Square Enix is out of their damn minds. "

Scept they went ahead and didn't remake it, and just put it on PSN, and you bought it anyway. Why would they remake a game when silly people are still willing to buy the original? "

FF7 has aged very bad, not so much as to say "not playable to newcomers".  Its 12 years old and thats how the genre as a whole was changing into what it is today.  
 
I will say that i havn't enjoyed a New FF game since 7....

I'd like to see a remake with a graphical over haul and some gameplay tweeks but nothing major, but I doubt it will happen anytime soon.

I'm still upset that they keep remaking everything, instead of making more new games. They do put out new stuff, but just peddle out a little bit at a time with a massive amount of remakes. Then again, it is Square-Enix (and I am a huge fan) but they are getting that reputation. If they remade FFVII (ugh..) then there would be a massive amount of people that would never be satisfied and they would want it remade the another generation device. Why can't they remake Seiken Densetsu 4! 

You all remember how many times FFIV was rereleased before we finally got a remake of that, right?  I wouldn't have expected Square Enix to state anything different from this.

There's no official project that's up and running for a remake of Final Fantasy VII at this point.

Those words lead me to believe that they may be planning on/thinking about remaking it, or it's just carefully chosen words so they don't come out as liars when/if they remake it. Although, I don't honestly care all that much. Final Fantasy VI was a much better game.

I've heard on quite a few occasions that they were interested in a remake but didn't have the time or resources, due to all the other projects they are constantly working on.
 
That being said I'd rather just play the original again and just anticipate the new games, after seeing how fun FFXIII is I can't wait to see what they could do if they stuck just a little more to tradition.