I used to cheat, but I don't anymore hence why I am playing through VIII the first time normally (yeah, I know I'm late but that's the way it is). It's so much more fun working for all the items and abillites rather than have the majority of them at the begining.
To be honest, while FFVII and FFIX (the only other ones I have cheats for) at least make it so you can still lose the game (although it takes a lot longer as you have max HP/MP and all abbilities and items) FFVIII is almost impossible to lose with XPlode turned on, as not only does it give you 99 Holy Wars, but Squall is so powerful most attacks used on him don't even reach double figures!The only things that where a danger to him on that playthrough where the two Weapons, and any monster that used "Level 5 Death" (Because on FFVIII the max level is 100, and that counts as a x5 level).
Yeah, I'm glad I don't cheat anymore, as it feels like I'm playing the game for the first time rather than just hastly rushing battles.