For PSP: Valkyrie Profile: Lenneth was great if you missed that in the PS1 days. Crisis Core is solid. Brave Story and Valhalla Knights are okay, but a bit repetitive. Hardcore JRPG fans like you would probably get mild enjoyment out of 'em. Tales of the World. There's the FF1 and 2 remakes. The Star Ocean 1 and 2 remakes are coming soon.
I dunno if you're into the Japanese Strategy RPGs, but there are some fantastic ones on PSP: Disgaea, Jeanne D'arc, and Final Fantasy Tactics remake.
Edit: Puzzle Quest is an awesome hybrid RPG/Puzzle game that's on both systems.
My Top 5:
Shadow of the Colossus, Metal Gear Solid 3, Shenmue, Skies of Arcadia, Chrono Trigger
My 2 nex-gen systems: PS3
and Wii 
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Prediction Aug '08: We see the PSP2 released fall '09. Graphically, it's basically the same as the current system. UMD drive ditched and replaced by 4-8gb on board flash memory. Other upgrades: 2nd analog nub, touchscreen, blutooth, motion sensor. Design: Flip-style or slider. Size: Think Iphone. Cost: $199. Will be profitable on day 1.
















