I think it is an amazing game worthy of the FFVII title. The story was told superbly, and brought me even deeper into the FF7 lore. I can't remember ever being upset that something in the story seemed ridiculous or that SPOILER----------Genesis was to blame for Sephiroth's breakdown-------------------END SPOILER. Every bit of it flowed together and made perfect sense.
And when Cloud cried out at the end... and the music started playing.. I almost had the waterworks going. It was damn well executed.
The gameplay...

was fun-ish. It wasn't the best ever, but I think it did well enough not to really detract from the game. It was nothing special, but it also wasn't terrible.
The Music.... A++
I have to agree that I wish it wasn't such a short game. It didn't feel rushed or crammed together, mind you. It just kinda sucked because if you already played FFVII, you knew when the end was coming, and it seemed too soon.
I think the first playthrough difficulty was a little too easy though. It's great because it allows you to enjoy the story without being to challenging, but a little more challenge would have been nice. NewGame + was definitely hard enough

Anyways, those are my thoughts, and I'm sure I'll be the only one to praise this game