Last news of an FF7 remake was that if they were going to do it, they'd want as much of the original staff as possible. Currently they're all busy with other things, so it's not in the pipeline at the moment.
Look out for a community remake of the original Unreal in UT3. Planning in progress, and a some content has been worked on
Most likely to be made episodically.
Syndicate, I know it's been posted but it's always the first game that pops into my head when I see these threads. Dungeon Keeper would be good too.
http://www.blackmesasource.com/Half-Life 1
Ultima Online![]()
http://www.blackmesasource.com/
Look at the media page, you might be surprised at how professional it all looks.