Quote Originally Posted by Maxx Power
As always the situation is thusly. IF they remade FF7, it would cost less than your average game, but more than FF7 was made on. So from the get-go it's technically a more expensive game. You've got to do things such as remake the backgrounds (most likely fully 3D sans switchable Camera Angles), the characters, the animations, the battle screens etc. while the story and what not will be set in stone. So the actual creation time would be shorter than a normal game, and probably shorter than the time it took to make FF7. Now if they released the game chances are it would do extremely well, being as popular as it is, and how everytime something remotely FF7 looking comes out everyone pounces on with the "OMG ROFL FF7 REMAKE!!!!111" comments.

So we're looking at a situation where they have a choice. They could either spend less time and money on a game, or the usual amount on another game. I guess at the end of the day it's not a question of how lucrative it would be, but rather the question of whether or not Squenix wants to simply move on in terms of their game creation, which I believe they do. I hope they do anyway, otherwise we'd all still be playing Pacman and Space Invaders.
Don't diss Pacman and Space Invaders. Awesome games.

Anyway, you're right for the most part. However, despite their desire to move on, I think that in terms of business opportunities that a remake of FFVIII would be one of the smartest things they could do. For less time and effort they could make a game that would probably make more money than their current next planned release.