However, the ONLY ONE IN THAT GAME worth a damn, even in the slightest, was Aerith. However, I viewed her as a Mary Sue, so fuck it.
Thems fighting words.
It is pretty safe to say that SE will eventually remake the game. When the hype slowly dies down from all the constant rumours and people stop believin (DON'T STOP. BELIEEEVING) they'll spring it on it. But it's 190% more likely to be on the PS4. They would save their biggest gamble, their trusted cash cow who keeps shitting dollar signs, for their next biggest project. And probably a couple years after it'd already been released. They'd want to ensure that they didn't encounter problems like with XIII with the new engine.
As from a business standpoint however, it's highly unlikely they would take that gamble. Squaresoft was about taking chances and making good games. Square Enix however, is about rehashing old characters and making sequels to unnecessary projects. So it could go either way.
However they would HAVE to bring back old staff, Nobou, Sakaguchi, and who's to say that they would come back? Would they be allowed? These people left the company, maybe they'd be shafted from the project. And to see a remake of a beloved game with half its previous staff missing would piss ALOT of people off.