I wouldn't go that far, but Black Belts are definitely a good character to roll with during the game. If you're playing FFI, their class change form, the Master class, is also incredibly awesome although they both do suffer from a lack of defense.
Being the cautious player i am, i tend to stick with characters with decent defensive stats so as to maximise my chance at survival. But in terms of strength and damage per hit, Black Belts/Masters totally own.
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