So I found an interesting theory on /r/megaten on who the Villain/Enemy Persona could be in P5 and thought I'd share here.
What do people think?
I've actually wondered about various theories like this. Especially in regards to subjects related to Lupin, his author Maurice Leblanc, and/or related to the Phantom of the Opera. I didn't really consider Fantômas that much tho, which in retrospect seems silly given the character was almost as popular as Lupin.
The idea of Fantômas being a Persona belonging to someone who's ideology is opposite of the protagonist's own would be a pretty cool theme to explore. Maybe the mysterious student painting in the second trailer?
EDIT: Another random P5 theory of mine:
Arsene has wings right? I wonder if he also has a connection to music, because Erik in The Phantom of the Opera was also sometimes known as the "Angel of Music"
This sort of stupid elitism adds nothing and makes us all look bad, can you just stop?
I'm inclined to agree, especially considering the discussion of theories is one area I quite enjoy. Even more so if we're getting into the psychology of a character.