Yes!! They're Cloud Strife and Tifa Lockhart with their newborn baby!
And yes! Cloud was finally able to reciprocate Tifa's love!
I think that, after he defeated Sephiroth, Cloud found out he could still help and protect his family and friends, and this made him feel he was worthy of living near the girl he loves..
By the way! You can't see Denzel and Marlene, but you can bet they're super excited for their new little brother/sister! They're actually so excited they couldn't stay in the picture, eheh!
I want to dedicate this drawing to
1. she is a great artist
2. to thank her for dedicating this [link]
drawing to me, and
3. because the idea of a drawing with Cloud, Tifa and their baby in it started running through my head after I saw this [link]
drawing of hers!
I hope you like it!