Picked up Arc the Lad on PSN. It had a nice little USA flag slapped on the thumb, giving me hope that if this made it over then maybe the rest of the good stuff will make it too.
I've really been meaning to play this, I got my hands on 1,2 and 3 from a pawn shop a while back. Maybe let us know how it plays out? Reviews are quite positive.
Me? playing King Of Fighters Orochi, can you say camp? yes i love the kof series
Arc 1 is pretty simple. Short, linear, and not PARTICULARLY deep, but I liked it a lot. Your mileage may definitely vary.
Arc 2 is an open-ended epic which everyone should play. It tends to be a little on the easy side, but it skirts around a lot of the annoying things that tactical RPGs usually have so this isn't an issue (and really, it plays more like a regular RPG with tactical battles).
Arc 3 I never played. I don't think it was as well regarded because it was supposed to be a lot more light-hearted and less story driven than Arc 2 -- which I can understand because Arc 2 had a damn good story and was probably one of the WD's better translations because they didn't rampantly fuck with shit -- but it sounds like it still plays good.
I also heard the first PS2 AtL game was really good but the second one's supposed to be a crappy PSO clone or something. Never played either. Considered picking up the first one sometime. The graphics aren't really as good as the rather sexy spritework in the first two AtL's though.