charlequin
Banned
Are you actually expecting XV to still happen this generation?
Not really, but if it were to happen I think that's what it would look like.
A remake of FF VII would be risky. On one hand, it could revive the franchise thanks to the popularity of that particular game and cancel the shitty decisions of last years. On the other hand, a failed or disappointing remake could utterly and definitively destroy the franchise.
FF7 remake is like all downside. Anything less than the HD extravaganza Square-Enix "promised" people back in 2005 is going to go over like a lead balloon, but anything of that scope would take forever (and too much money) to make and still potentially sell less than an original mainline series.
A remake of FF6, say, still has a ton of room to push nostalgia buttons and remind people why they liked FF in the first place, without nearly as many pitfalls to sabotage the project.
Atlus isn´t known for visual masterpieces, so I don´t think a multiplatform release including a Vita version would be something out of question.
Oh, you mean like making it a PS3/360/Vita project? That's actually plausible, I just don't think it's worth very much to Sony since it isn't an exclusive. (And P5 isn't announced yet and no moneyhat was going to get Atlus to move up their timetable on that anyway, so we'd still be standing around today looking at P4G as the only real Vita announcement from Atlus.)
Would DQ7 likely be a 'remake'? Whether in the DQ8 or a wholly new engine, that's a big project. Certainly more ambitious than what Square Enix have shown on 3DS so far.
I don't think Square-Enix's 3DS plans so far are particularly unambitious: a full-on Kingdom Hearts title, a few original titles, and a major remake of Dragon Quest Monsters. DQ7 is a natural extension of that last one and a fitting level of attention to pay to their biggest franchise. (And, at least potentially, a testing board/preparation for a later DQXI.)