Zipp, that was a whole separate localization effort, and "re-released" is the wrong phrase because it was never released here the first time. When Square-Enix reworked the first two games in the series for PlayStation, they made fresh localization efforts, changed up some of the game mechanics, and released the result in North America. Then they ported that effort to the GBA down the road, and then later they released the two games as separate titles for the PSP. So Final Fantasy II has definitely been released in North America, but not in 8-bit form.
"Too often we enjoy the comfort of opinion without the discomfort of thought." - John F. Kennedy on reality
"What if everything you see is more than what you see--the person next to you is a warrior and the space that appears empty is a secret door to another world? What if something appears that shouldn't? You either dismiss it, or you accept that there is much more to the world than you think. Perhaps it really is a doorway, and if you choose to go inside, you'll find many unexpected things." - Shigeru Miyamoto on secret doors to another world