Square Enix has been doing this with some of their PS1 RPGs conversions recently. It usually falls under one of two changes:
- Certain lines of dialogue are made gender neutral (e.g. references to a character being called “ladylike” are replaced with neutral alternatives)
- Fanservice has been toned down (iirc a character in Chrono Cross has had her outfit altered to be less risqué)
These sorts of cuts have, unsurprisingly, proven to be quite divisive. Square should probably have included a classic mode to present the games as they were made in the late 90s, which would satisfy purists who want the original titles, warts and all. The framing of a classic mode would also help keep expectations in check.