We don't know how this is real either.
Update: Famitsu and Dengeki Online have revealed a little more information about the highly anticipated Final Fantasy VII Remake. As expected, Nomura confirms that the game will be more than a simple graphical update.
"I can’t get go into details," Nomura said, "but this is not a simple remake. Let’s say for argument’s sake that we only pretty up the graphics for current gen hardware, I don’t think that would surpass the original version."
What is interesting though, is the fact that Nomura states both the gameplay and story will be re-imagined.
"We haven’t shown any gameplay yet, but since we’re updating them quite a bit, please look forward to that," Nomura told Dengeki Online, "Since we now formally revealed Kazushige Nojima’s name for the scenario, there will be more plot devices in the story, so I think you can also look forward to that... if you are going to do a full remake, you have to take a different approach and make something that suits the times."
We aren't sure exactly what these details mean, but it is nice to know that Square is seeking to update the game and make a fresh experience while retaining what made Final Fantasy VII such a classic.
Original Story: During Sony's E3 press conference tonight, they revealed that Final Fantasy VII, one of the most beloved games of all time, is being remade for current generation consoles.
The game will come out for PlayStation 4 first.