It will depend on your graphics card setup.
I run the PC edition of FF8 myself, and although it is setup for full screen, it run in 1024x768, which means that i have a picture with a black border. It also has something to do with widescreen...screens.
Some graphics card setup programs (within windows, outside of the game itself) will allow you to make windows resize the game to fit your screen, whereas others do not. Failing that, I would advise connecting it to an external monitor, as usually it resizes with no problem.
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