Square Enix designer Tetsuya Nomura doesn't believe a Final Fantasy VII remake will happen "for some time". He isn't alone.
Final Fantasy XIII producer Yoshinori Kitase is equally pessmistic about the prospects of a Final Fantasy VII remake. The reason? "This issue is related to whether a Final Fantasy 7 remake will happen or not," Kitase told Ultimania magazine. "It is very hard to make games on PlayStation 3 in the same style as the games in that era had. Making graphics will take enormous time."
Longer than Final Fantasy XIII?
The source of all the FFVII remake talk harks beck to 2006, when Square Enix released a "technical demo" depicting the game as it would look in the PlayStation 3. The game was originally released on the PlayStation 1 in 1997.
Square Enix's Nomura has mentioned that even though the chances of a FFVII could be a ways off, the character Cloud could get cameos in other titles.
Toriyama explains reasons for Final Fantasy XIII linearity [The Lost Gamer via 1UP]