There has been a lot of talk, in the past few years, about a possible remake of the massively popular JRPG Final Fantasy VII, but Square Enix always remained semi-silent on the issue, only dropping hints here and there. A few days ago Producer Yoshinori Kitase himself
said that he’d love to do it, but “it would take a lot” for it to happen.
Recently industry insider Verendus, that is known to have very strong connections within the Japanese gaming industry, posted on NeoGAF mentioning that the project is happening:

Originally Posted by
Verendus, NeoGAF.com
It’s happening. He’s obviously not going to give any indication as such though so it hardly matters until they’re ready to announce something. His comments make sense. It’s a huge project that will take a lot of effort, and demand a lot from him personally, in order to ensure the end result is something satisfactory.
Of course, as usual with this kind of leaks from insiders, we should take what is said with a sizable pinch of salt, but Verendus has a good track record with the information he receives from his sources, so Final Fantasy VII aficionados may not yet be able to uncork the champagne, but at least they can start filling the bucket with ice.