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Shin Megami Tensei Nocturne
Digital Devil Saga 1 and 2
Wild ARMs 3
Legaia 2
MS Saga
Yakuza 1 and 2
.  Gameplay sucks, but story, world, and XenoCard are worth playing through this game for.  Or just Youtube the story.
Xenosaga 3
Shadow Hearts
Scarface the World is Yours
God Hand
Cnampions of Norrath
.  Good Diablo Clone
Champions Return to Arms
Dirge of Cerberus
Dragon Ball Z Budokai Tenkaichi 3

Taito Legends 1 and 2
Castlevania Lament of Innocence
Devil May Cry 3 Special Edition

I'd also recommend the Armored Core games if you're a fan of them.  Try out Armored Core 2 and 3.  If you like them, get the rest.  The earlier games are better than the PS3 games.