i think square would do well to shut up their mouths about things they are working on until they're at a decent stage, so we don't keep having incidences of 'game x was announced 5 years ago and it still doesn't even have a release date'
I'll believe when I am holding a physical copy of the game in my hands, when the remake is on my TV screen, when I'm playing through the remake and when the ending credits are scrolling down the TV screen.
And even then, I'll have to replay it again just to make sure that they didn't cut any content out. And again, for any extra content.
They could never release an "update"-ed version of this game other than the PC re-release that came out in 2012. I've said this before, but the original backgrounds are - at an absolute maximum - 640*480 in resolution. The area you actually see on the screen is even smaller than this (in general, 320*240). That's the reason they're so pixellated.
The reason this wasn't a problem on large screens back in the day was firstly because computer monitors were basically max 1024*768 at the time so pixellation was less visible, and also it was built for playstation before LCD's or flat-panel TV's existed. The image in old TV's isn't "rendered" the way they are now, it's projected from a big tube.
tl;dr, they'd have to completely redraw the backgrounds if it was an "update" to this version, and they're not going to bother with that when there's so much more required to modernise the game. There is no analogue control in FF7. This is something I don't think about until I go back to it and it feels terribly awkward now. Even FF8 has it.
Same situation with the FMV's as the backgrounds. The re-release uses the original 640*480 versions with a filter on top to make them look a bit smoother. tbh, other than the mods fans have created there isn't anything they could do to update the game as it is. It needs a full remake if they're actually thinking about HD-ifying it.
As I understand it, they mean that, in order to make the game well enough, they'd need ten years. It doesn't mean technically they can't do it in less than that, but only that they could never be happy with what they'd achieve in less time.
It's still bullshit but in a way I can understand it. It translates as "if we did a new FFVII and polished it the way we polished FFXIII, it'd take ten years".
I understand they do not need to plan the story but would still need to storyboard a good part of the game since it'd now be in 3D and the number of scenes they can re-use from Crisis Core with higher-poly-count models is very small.
Again, I do not exactly think what they say makes sense, but I can see what they mean when they say it...
I doubt its true, but who knows. I've long believed that the main reason SE hasn't remade FFVII before now, was so that they could use it as a last resort to make some money and keep themselves afloat if everything else went tits up. Which it mostly has recently. So who knows, maybe they actually are making it. Not gonna hold my breath though.