To a degree, yes. I played it for the first time on PS2 back in 2002 and compared it to both PS1 and PS2 games, and thought it held well. Now that PS3 is out hell yes it's outdated. Not just the weird polygon graphics, but as some of have mentioned, some the dialogue is just like what. Gotta love the constant grammatical and spelling errors. But I'd be damned if still weren't funny as hell. Characters like Mukki, Cid, and Crossdressing Cloud never get old imo.