If you're referring to the PSN version of FES that was just released, I don't believe it or any other PS2 game from PSN can read save data from your hard drive in the way that PS1 games downloaded from PSN can. As an example, I had an old save file for Odin Sphere, however the copy I purchased from PSN is unable to see any of those saves, relying on it's own "fake" memory card in the same way that PS1 games on a PSP save games.
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