Wow, if this turns out to be true then that will be nice, although I hope they don't rush it out. It also means that if it is online, then the Wii will definitely be playing online games by then.
However, regarding the date, the same situation happened with Tales of Eternia on PSP. The PSP version is only available in JAP and the UK, and in the US many RPG fans want the game. A release date was up in gamespot, for October and many people denied it was true. In the end, it was not true. Many believe the reasom why no PS1 ports are on PSP in the US is due to Son'y not allowing any old game unless it has 20% new content there, so that is why the US hasn't seen many remakes of PS1 games (Breath of Fire 3 was another one that was only released in JAP and UK).