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Interesting, the game was already released on PC a long time ago (I have the retail version somewhere), and it was already playable in "HD" (compared to the Dreamcast resolution) curious about the "visual upgrade"; but the cynical part in me strongly suspect it will probably just be a 16/9 "patch".
Would love to play the first Grandia again....wait, i did it last year, Puff Puff
I still own my Dreamcast copies of this and Skies of Arcadia. I hope that the latter comes to PC as well!
The interesting thing is that this is going to be a new port of the game based on the Dreamcast original -- not a re-release of Ubi's dreadful PC port from back in the day. As such, there's a fair chance this will be the definitive version of the game.

Hopefully, it'll hit GOG alongside the Steam release.