Among the other delightful tidbits released by Square-Enix during their two-day event is their intention to remake the first two Star Ocean games for the PSP.
Star Ocean, originally for the Super Famicom and released only in Japan, and Star Ocean: The Second Story, for the Playstation, will feature brand-new voice work, a new script, updated graphics and FMVs, and more. The two games will be full remakes, not mere ports with a few tweaks.
Furthermore, Star Ocean 4 was announced to be in the works.
Source: GameSpot I loved Star Ocean 2, and it's still one of my favorite PS1 games. As long as they leave the item creation and skill systems intact (or improve them!), I'm there.