Most of us played FF7 before we even knew what 'emo' was. And quite frankly, I don't really get all the hate towards a character for being depressed or hesitating at times. If it fits within his story (I mean, Cloud took on the identity of his friend after that friend died in his arms, while forgetting his own past), why hate it? It's boring to always have a mentally solid protagonist.
For me the FF series is sort of a guilty pleasure, I know it has its bad sides but that doesn't stop me from getting completely immersed into it.
I've never completed any FF game. I've played a portion of VII because that seems to be what people freak out over. I have to say that as I expected I loved the hell out of the setting, at least at the beginning. Midgar is almost cyberpunk in its dystopian, high-tech nature, and is still visually interesting even if the graphics are outdated now.
It was nice when things opened up, but nothing else in the game really got me hooked as much as that place did and since it seemed that I would never be going back and the plot had turned into "Chase Sepheroth wherever" I got bored before I finished disc 1. The golden saucer was kinda' cool though.
Emo-Ness and similar issues never really bothered me because I find it impossible to be annoyed by embarrassing dialogue so long as it's not voiced for some reason so eh.