Going through the third palace currently, another really cool design. I finally ran into a party character I don't like. For some reason I cannot stand Makoto, even after her transformation. I acutally refuse to put her in my party. At the moment I have Ryuji and Ann alternating time on the squad.
I feel like I'm not doing the whole Persona thing correctly either. I haven't fused much at all so far. I've been leveling up the ones I did collect to unlock every skill they can learn, then register them so that way I have more to choose from when fusing inherited skills. Seems like my elemental attacks are weaker than they should be while I'm fighting the shadows in the third palace. Making a good amount of money though with the negotiating skills I got from the Sun confidant. Bought the cheapest SP adhesive and although it only restores 3 SP per turn, it's helped me get further through the palace. Unfortunately it took me 2 palaces to realize I should be doing them asap and in one day if possible to maximize my time.
Definitely think I'm going to go with the Takemi as my romantic link the first time around, although the teacher is making me think about it.
Finally
@Random, you said you started a NG+. What exactly transfers over to a NG+?