Meh, I can't say I'm too excited about a remake to be honest... in fact, I hope that they don't do one. Yes, FF7 is one of the greatest games of all time, and yes, it would be cool to have a slightly updated version, but Square-Enix really need to move on. The game is... what, eight years old now?

I really would prefer it if they concentrated on new projects rather than dragging up the past. The last few FF games, from what I've played of them, really haven't left much of an impression on me. As good as Squaresoft were back in the day, it's unlikely that they'll ever better FF7 and I'd much rather they stopped milking the game for all its worth and instead put their efforts into something new and exciting.
RPG's by their very nature are story-driven games, and all of the surprises and twists that captivated you the first time have nowhere near as much efect on you when you replay one because you already know exactly what happens. I know they'll be adding stuff, but the bulk of the story has to remain the same for it be FF7. So for these reasons I can't say I'm ecstatic at the prospect of this remake. It works with a game like Doom because it's not story-driven and the original plot was probably scribbled down on a beer mat at the last minute. When Doom 3 came out the game was completely changed, and although it still loosely felt like Doom, it was actually an entirely different game. How are you going to do that with a story driven RPG like FF7? The only real option I can see is to change aspects of the storyline, and at the end of the day all that's going to do piss off the hardcore fans because they won't end up with the game they know and love.