The answer to the question is YES, this will happen, but as stated above, the transition to CBT of the FE examination is the immediate priority. There are many more mechanics involved here than I ever imagined, one being that the new exam will not allow any outside reference sources. SO-- all of the reference sources you will need to work the examination will have to incorporated into the computer database. This will take some time to do. I am not clear on how the specific sections of references will be incorporated into the computer database-- . With the FE examination, the FE manual is the only tool that is allowed to help take the test. As you may know, that is not the case with the PE exams.
I suspect that we will NOT see the PE test becoming CBT based for probably another 5 years, at the earliest. Then, I would expect that some of the smaller exams would be the first to convert, to "get the bugs out."
This is a lot more challenging than I ever envisioned! However, it has been successfully done by the Certified Public Accountants-- and they have 4 parts of the examination to take in order to become a CPA. This is not impossible, however, I would not expect anything anytime in the next 5 years.