Not too long ago, there were rumors surrounding Final Fantasy VII in some related form or another, which turned out it will most likely be appearing on Steam with achievements and all. Not really shocking since it was ported to the PC right around the time the PlayStation 1 version was released.
While we’re on the discussion of Final Fantasy 7 we got some pretty big news regarding the game’s remake, or supposedly, it’s happening under a specific term or unusual circumstance that many would find daunting. Yoichi Wada was asked, at Square Enix’s Q&A session of the company’s annual shareholder’s briefing, the expected question about the much wanted remake. Basically what it comes down to, if the remake is to be made, is that the original must be topped in quality(And probably world wide sales).
So the man pretty much admits the current team hasn’t been on the ball lately when it comes to quality Final Fantasy titles(With continuously tapering sales, I might add), which the majority seem to agree with. Then Wada ended his answer with, “If they were to release a 7 remake right now, the FF franchise would be done with.” Then with the following he adds this final bit, “While the staff would happily make a FFVII remake, this is something that if they decided to do, they’d have to give it their full effort.”
Source (http://andriasang NULL.com/con1ny/wada_on_ffvii_remake/)