Nomura and the KH team are busy with the 2 KH for psp and DS as well as FFvsXIII. Kitase and his team are busy with FFXIII and, apparently, Dissidia. Is there any other Squaresoft team left for a big project or could Kitase start one? Don´t think so, but a normal project he could.
But the compilation of FFVII is not over plot-wise, so eventually another FFVII related game will be produced, unless they decide to make an extended FFVII remake with expanded story, characters and timeline.







