They did it before with The Twin Snakes. But yeah, if they were to transplant MGSV gameplay straight into MGS3, its gonna need a lot of tweaking. Map size and enemy AI especially.Eh, I wouldn't get my hopes up.
Making CG movies isn't exactly on the same level as making an entire game. Especially for an experience as complex as Snake Eater. Trying to replicate all the smaller details from the original sounds like a suicide project.
I can stare at this all day.
It looks so fucking beautiful. It saddens me to no end that this isn't actually a remake.