Is this game as good as P3 and 4? I've seen people claim it to be better than both (before it released in the west) but I found that hard to believe.
In terms of pure gameplay, Persona 5 is unquestionably the best out of the 3. Handcrafted dungeons, revamped battle system, negotiations, much better character progression and generally more things to do during daily life all contribute to a funner experience. In terms of story and characters, you mileage may vary, though I think 5 has stronger writing than its predecessor and a generally stronger narrative. Pacing is where things get a bit wonky, because 4 is definitely better than 5 in that regard. Music is totally subjective, though I think 4 and 5 are about on par for different reasons.
So all in all, i'd say P5 is the strongest Persona game at the moment. I hold it to a higher standard than 3 and 4, so I don't think it's quite as *mindblowing* as 4 was when it came out, but it's still a very good game.