Though I love VI with a passion, V is another of my favorites (seriously, I feel Square hit their peak with this series during the Super Famicon days).

The story isn't that shallow like others have said. There is alot of wonderful themes and symbolism in this game if you look at it closely. If V had an official theme, it would most likely be "inheritance". The world is vast, fun to explore, and their are many optional quests (and I'm not talking about the stuff added to the GBA version.)

The game has a fine cast of charaters and introduces us to the iconic Gilgamesh. Though I agree if you are looking for the strongest version of this game storywise, play the GBA version as the anthology version has a horrible translation and localization...

I won't bother with the gameplay as others have really stated it better.
I would definetly recommend it to anyone who enjoys good games.