"The speculation now revolves around whether or not the "Technical Demo" of FFVII intimates that there will actually be a full remake of the game for the PS3, which is something that fans of Final Fantasy have been begging for for years. Final Fantasy VII is still arguably the most well-regarded of the Final Fantasy games, and speculation has been mounting about whether or not Square might attempt to cash in on that popularity by issuing a remake. Considering that this is a company that's announced at least three other games, as well as an all-CGI movie, based on the characters and storyline of FFVII, we can't rule anything out at the moment. Square didn't state anything for certain at the press conference, but we will of course have more details as they come along."
not defenitly yet.. but they sure are considering it.