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FF VII is NOT being remade.Every few months or so,there are minimal statements regarding this and they all say that they would like to remake it in the future but it is not being remade now and that there is no such project scheduled.

Also SE would not remake it on PS3 as its not doing well at all.Especially when its sales are compared to Wii and X360.

If FF VII is remade it will be remade on a handheld as all FF remakes up to now are handhelds.If it is remade during THIS handheld generation it would be on DS as all FF remakes are on DS.

And before anyone says it can't happen,I'll say it can.The game of FF VII is less than 230 MB in size.Everything else is because of FMV which can be easily excluded.Also the DS cartridge can connect to GBA cartridge and support extra space.Lastly there is the possibility of 2nd cartridge.

And now that I have said all I had to say,I'll conclude by guaranteeing by 100% that FF VII will definetily not be remade within the the next 2 years,no matter how much we all want it to.