Graphics still look great. Excellent example of that era
Music, again excellent for that time.
Gameplay perfect.
Story.... hmmm.... Im pushing 30 now and it just doesnt have the same appeal to me that it did when I was 14. Same with all the RPG's from that time that have these contrived love stories going on, theres a just a little bit too much 15-year-old-I-hate-my-life syndrome going on that I just can't get into these days. I just out grew the whole thing. From a Nostalgia and gaming evolution perspective they are great but when you really look at it the stories in these games was really geared towards teenagers.
Let's face it, RPG's more than anything is all about the story behind the characters, if you think that story is crap it effects the whole experience. I can happily play something like Super Mario World from back in the day because it's not a story centric game, the RPG's from back then are a struggle though.