EDIT: Now with spoiler tags, so it doesn't look like a trainwreck of text! Huzzah!
Valkyire Profile, Star Ocean: First Departure, and Star Ocean: Second Evolution
Immediately coming to mind are the remakes/ports of three of Tri-Ace's titles, Star Ocean: First Departure and Second Evolution, and Valkyrie Profile: Lenneth. If you haven't played any of the original games, all three are worth picking up, as they are excellent titles with fun/interesting item creation and combat. In particular, Valkyrie Profile's combat relies on chaining your attacks together for bonus xp or stamina restoration, while the Star Ocean games play out in real-time. I also enjoy the stories in all three games, though I know of at least one who dislikes SO1's story, and I love the characters in all three, though I'd leave Rena and Claude dead in a field somewhere if that were an option in SO2 and the experience would be much improved. Of the three, Lenneth is the one I recommend the most, due to how unique and well done it is, then probably Second Evolution. First Departure is still my favorite in the series, but most people seem to enjoy the second title more overall from what I've seen.
Ultimate Ghosts 'n Goblins
There was a continuation of the Ghouls and Ghosts series on the platform, Ultimate Ghosts 'n Goblins, which I don't hear people talk about . . . ever, and I honestly don't know why. It controls as well as every entry before it, remains challenging, and has a nifty equipment system that expands upon the one in the SMS version of Ghouls 'n Ghosts. Even better, it has a difficulty option that allows the player to select how they want the game to feel, the most difficuly emulating the classic difficulty of previous titles while the 'normal' difficulty allows the player to respawn where they died instead of at preset check points. Much like the MM remakes and Dracula X Chronicles, I CANNOT recommend this title enough if you were a fan of the Ghouls 'n Ghosts series.
Prinny: Can I Really be the Hero
Along these lines of more iffy recommendations, there's also Prinny: Can I Really be the Hero, which is a challenging platformer spinoff of the Disgaea series. The game is a whole lot of fun and controls excellently, and I enjoyed it thoroughly, but I've been told it kills the player a bit too much, so while I didn't mind that, it seems other people did, so be aware of that before jumping into the experience. 
Originally Posted by Rez09
EDIT: Now with spoiler tags, so it doesn't look like a trainwreck of text! Huzzah!
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