This is one of the funniest forum posts I have ever seen. UltimateSpamGrover, I salute you!
Regarding FF7 online: NO. It wouldn't work. One of the reasons ff7 is such a great game is the story, and an MMORPG just couldn't deliver that. Plus, ff7 had some occurences, like the destruction of sector 7, that caused a change in the game environment. An MMORPG world has to remain constant. Plus, what would you do for characters? I mean, you could do anything for your character since materia makes them all equivalent, but the characters in ff7 were important. You couldn't make them playable in an mmorpg without a million clouds running around.
It sounds pretty cool at first, but upon further thought, I don't think it would work well, or at least without being pretty dumb.