Square Enix is bringing its considerable production values to its PSP remake of the original Valkyrie Profile with added pre-rendered cutscenes and a widescreen display. Just be aware that the video may look best at 50% of its current dimensions (which is probably the way it was encoded).
If the weird live-action segments throw you off at the beginning, don't worry: tri-Ace pulls out the actual (32-bit?) sprite-based gameplay near the end. Aw, so no true 3D remake then?