It is episodic. There is no doubt about it. They are chopping the full story of the original into parts. This isnt at all the same as FFXIII-2 and FFX-2. Those were sequals.
The FF7 episodes won't be contained stories. They will be abrupt cliffhanger ending episodes. The one where Aerith dies is going to be particularly revolting, because it will lose the feels the original had after you had to continue the adventure after the dramatic event. Now you get a year or so in between. When you start again, the feels will be long gone.
No matter how i look at it, i understand their problem, but the remake is already setting itself for a fail to capture the feel of the original. But well... i guess one can wait until they are all out and then play them back to back.
