Pros:
+ Great combat that combines aspects of ATB and action combat to almost perfection.
+ Great OST remastered with some great original tracks thrown in.
+ Great voice acting and script.
+ Mostly faithful retelling of the original game with an added twist that most won't see coming.
Cons:
- Significant padding.
- Aerial combat is problematic.
- Not everyone will like the direction.
Final Fantasy VII Remake is great, but don't expect a 1:1 remake of the original. It keeps most of it intact while expanding significantly on it, but it does add in new elements that were not in the original and that is more of a reboot than anything else. Despite that and the few minor issues there were, such as padding issues and aerial combat, it is a great retelling of the Midgar arc. If you liked FFVII you'll probably love this.