Just started a new game of the GBA version of FF1 on a whim tonight. As per usual, I used a Random Number Generator to pick my team for me. The result was: Monk, Thief, White Mage, Black Mage. It's interesting, as I've never played without a Fighter before.
The immediate pros I see to this: Quick power early from Monk and Thief, cheap to equip everyone.
The cons I see: Lack of overall defense (these guys are going to take some lumps), I'll have to lean on the Mages a lot to help the Monk and Thief, and the money I save on equipment will probably have to go to buying lots of restorative items.
Anyone have thoughts on this pairing? And I do plan to go through all the bonus dungeons with this group and such.