Vaan - light armor, swords, technicks, green magicks
Basch - heavy armor, axes
Fran - mystic armor, spears, black, green, white magicks, technicks

i'm trying to get everybody equally leveled, but that's the party i'm using right now.

Penelo's got.. light armor, swords (trying to get her using ninja swords, i don't know why), white magicks
Ashe's got.. heavy armor, swords (regular for now, great and samurai later), white magicks, green magicks, items
Balthier - light armor, staves (until i find some better guns and ammo, and maybe crossbows), technicks