Second best Final Fantasy only behind IX, although it's a bit lame that there are so few differences between characters (all of them can equip any materia, so they are virtually the same in battle). Minigames were mostly miss. Character models were poor even for its time. Not much wrong with the rest.
I just beated the game so I'm a little biased to it right now
But I still think I enjoyed Final Fantasy 12 more. While I spent 50 hours now on FF7 I spent over 100 on FF12, and I really enjoyed the Espers fights and the guild hunts as well!