All right you Final Fantasy nerds, if we know one thing, we know the following video footage will get you all giddy.

Somehow, someway, Final Fantasy VII is evidently running on Windows Phone 7.

When we look back at those 50 Xbox launch titles, we don't recall seeing anything from Square Enix, so we're thining "Homebrew" here. Then again, what's with those official looking Windows Phone logos? What is even more exciting is the tease at the end of the video where it says "Rejoice. It's coming. And maybe not only this one PSOne Classic" obviously alluding to other major titles. Odd timing too, what with that utterly craptastic Playstation Phone becoming more of a reality tonight. The poster does say this:

This is some footage of the current progress of "FFWP7". In this version it still looks like the timeless classic for the PlayStation 1, but maybe there'll be a graphical upgrade.There's a lot of power in a WP7-Device and so the highly-anticipated remake of FF7 could be the result :)

Could this be some awesome, side loaded emulator? Or is it the real-deal? We'll leave that to you. Discuss.

Thanks, Diablo, for the link