If it's done well, it'd be worth looking into. That is, if I can get the broadband connection for my PS2.
If it's bad, it will become another FF8, a lesson in what NOT to do. A lesson that doesn't kill the series, but leads to a better one next time.
If it's good, odds are it will be INCREDABLE! Just look at some of the typical FF things that you can expect...
Classes like Summoner, Black/white/red/blue mages, Dragon Knights, and rogues.
Chocobos, boats, and air ships.
Unusual races as player characters. Immagine playing a creature like Red 13 as a mage or dragon knight.
A good chance for a cool magic system. Was there EVER a cooler system than materia?
Gods, I hope they do a good job. That would make it the coolest of all games.....
Then, all they'd need to worry about is race/job possibilities. For example, I could see a Bahamut as a knight or monk, but not as a black mage.