The demo is out. It is a remake. Definitively a FF game. And also definitively a FF7 game.
Things were changed, supposedly it will add more to the storyline than the original.
The combat system is borrowed from the FF road trip game. It is more demanding than the original combat system, achieving fluidity requires to assimilate shortcuts etc
It takes training.
It looks like FF7 if it had been done in 2019-2020.
They managed to capture what makes FF7 the game it is. So far because the demo is short, it might degrade over time.
A different exercice from adding a new episode to a series like BG3. The job is done though. Characters are true to themselves, memorable fights are recognized, cinematic directing is similar at crucial points etc
It is faithful yet a refreshing take on the classic cult game.
It is episodic and the question is to know the pace of release.