My build tends toward this by the end.
Squire
Guts
Punch Art
2 Swords
Counter Flood
Move +2
Yeah, I'm kinda' lazy about getting Move +3...
Gear is usually Excalibur, God Save the Queen, Reflect Mail, Crystal Helm, and Battle Boots. Since the name of the game is Tactics, this build is surprisingly flexible-one of my other characters is usually a dedicated Black Mage, so I have Ramza enter into a kind of 'tanking' where he takes on several enemies and my Black Mage zots everyone in that zone with Bolt 3 (or Fire/Ice depending). I'm certain that most of you see Reflect Mail and think about the problems that makes with healing. That's actually why I use Punch Art.
I find the biggest advantage to the build is Counter Flood, and I am known for shifting Punch Art out for Elemental depending on the encounter. Counter Flood has won me more battles that I would believe, though. Something about idiot archers standing on castle walls shooting Ramza and being turned to stone...