This review is for the Japanese version English patched (I emulated w/ FF to nul grinding). Also if you have not played any other Persona game then it may be hard to recommend this game as it's pretty dated. I feel it takes a certain perspective and level of understanding to truly take in what Persona 2 (IS) has to offer.
The graphics are dated and the system to get battle ready is grindy, but unique with style.
Extremely well written (translated) dialog which compliments each character arc and drives the narrative to a relatable and satisfying degree. I found progressing (the story) effortless and engaging, and it's philosophical elements complementary to the characters, which reflect the actions, desires, thoughts, any person could experience. Playing Persona 3/4 first helped me appreciate the characters a lot, and the way they are portrayed/how each arc unfolds provide the foundation. Combined with touching themes and a few bopping beats and woven together with Atlus' now signature Tarot cards, this game may show you sides of yourself never consciously conceived if one is willing to accept them. Overall, it will make you laugh and cry, as it shines it's light on the burning desires of a human being.