I think it really might happen.
Imagine, one of the greatest games EVER made re-released and brought to the Next Gen hardware of PS3.
I think this rumor is VERY true because I think this video:
Final Fantasy VII-On The PS3 System
was made just to tease us and DEMAND a re-release.
Now I don't want to get ahead of myself but I would think this would just blow Microsoft out the water and into a million pieces.
Give me your thoughts and opinions