I have used the Speed/Power Break strategy many a time.
Some notes/suggestions:
1) Ramza is the easiest character in the game to level up because he gets a lot of skills that affect himself (like Yell and Accumulate) that gets him JP almost every time he does it.
2) Generics are the second-easiest to level up because you can always give them Basic Skills as a secondary ability and have them Accumulate until they are blue in the face.
3) Non-generic humans (like Agrias or Mustadio) are more trouble because they don't have Basic Skills. Equip them with Steal as the secondary ability and have them use Steal Gil. Almost impossible to miss and makes you richer every time.
4) Generic monsters are the absolute hardest to level since most of the attacks have to connect with an enemy to get EXP (they don't need JP).You can sidestep this by breeding the ones you want to keep near the end of the game when your party has high levels. Your monsters will tend to have levels around the average of your party, but you can breed high-level monsters out of low-level ones.
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