So what's the catch? "There is none". I don't believe you. "Just like you didn't believe that George Lucas would f*** up the Star Wars blu-ray trilogy?" Touche.
Final Fantim has also remastered some tracks from Final Fantasy VI as well as one track from Final Fantasy IX. I have listened to all of his/her work many times over and it is, by far, the best re-mastering of the Final Fantasy VII OST out on the web, to my knowledge - and I know everything. "Really? Then what boxers am I wearing?" Clowns. "Creepy."
The dude/dudette has really poured their heart and soul into this project. Similar to how I just spilled my coffee all over myself and my bedsheets. I LIKE TO TYPE AND DRINK IN BED, OKAY?!
Final Fantim's download page