I, myself, have started to play through all the FF games (minus 11) in sequence. I've already beaten FFI, and have started going through FFII for my first time. FFI was the NES version on an emulator, FFII I had a choice between the NES version or PSX, but I chose the PSX simply because I already had the iso ripped to my harddrive. Anyways, here's the party I've decided to go with:
FIRION > double-daggers + white magic (I've been thinking about switching him to double-swords but I'm already up to 4 with the daggers, so I'll just keep going)
MARIA > dual-staves + black magic (Fire, Bolt & Ice are up to 5)
GUS > Sword + shield + white magic (as it sits right now, I just plan on having him learn the must-haves like Cure, maybe Life etc.)
and the fourth character will be who he will be...
I've only just saved the people from the Semite Cave, but I'm already loving this game. The levelling system is just so logical, it's awesome. Anyways, I'll keep a "log" of where I'm at in my sig.