It depends on how silly I'm feeling.

Usually my FF1 party is
Warrior/Fighter: Marcus/MARC
Theif: Cid
White Mage: Warren/WILL
Black Mage: Kuro

Then one day I started a new game and name the characters thusly:
Warrior: Mullet
Theif: Feigan
White Mage: Honky
Black Mage: Lord Raven Nocturne doesn't fit, so I was forced to go with Blaque