Decent RPG but lacking pace
It is hard not to compare an iteration of a series to the past versions, and with Star Ocean 3 this does not do it any favours. Star Ocean 2: The Second Story was a well paced sprite based RPG with in depth character development and I thoroughly enjoyed it. Star Ocean 3 also develops its characters reasonably well, although the english voice acting may seem a bit forced at times, and eventually I turned it off wherever possible.
The item creation and augmentation system is no longer done through the inventory but in "workshops" scattered through the towns, which you can upgrade and outfit with NPC inventors. While this could be interesting, 30 hours into the game not a whole lot had been explained about the intricacies regarding NPC inventors, and I'd all but given up on it. The consumption of Fol while also consuming items for creation can be quite steep as there aren't a huge number of farming areas.
The character customization is minimal, and no armour is shown on the 3d characters in battle, however there weapons change slightly. The skills do not make use of the 4x L1/L2, R1/R2 buttons which I believe is to the detriment of the battle gameplay, since you now rely on combos of holding down X and O, which certainly does get tedious after a short amount of time.
The AI for both the NPC and enemies in battle can get itself confused and just *stop* moving and attacking, which is rectified by changing the battle strategy on that character. Annoying if it happens on a boss battle, but thankfully it does not occur often.
Finally.. dungeons/combat areas. With the static enemies (no random encounters) it makes traversing areas quite 'samey' and there are generally only 2-4 types of enemies in a given area, which can make combat frustratingly repetitive, especially when a lot of battles are "wipe out the enemy" or "the enemy just wiped you out" and few inbetween. Furthermore, they are expansively designed but there is a lot of wasted space for dungeons with no random encounters, but at least the map keeps track of where you have and have not been, which is a plus for the game.
For fans and newcomers to the Star Ocean series, I would recommend this title, although I would *seriously* suggest that you play Star Ocean 2, as I believe it was the better game.