I've actually been really hankering for a good RPG or somesuch too. I just wanna mix equipment around and all that rot, you know? Consequently I've kinda been looking through RPG Maker games, mostly the ones on Steam I guess.
There's a bundle of like 6 or 7 games on Steam that was like a dollar recently, it had with stuff like Labyronia or whatever. I wouldn't recommend getting it; I tried a 'Sins of the Demon RPG' that apparently did not actually have an equipment screen, so I kinda dropped it after it failed to grab my attention. It seemed to have an ATB system, but the bar fills up in like under a second, so it was way too frenetic for me. I also tried a 'Labyronia RPG'. It had really amateurish writing, so I basically quit after like five minutes of apparently-your-character making weird exposition to himself in his hut. After that, I kinda just gave up on the rest of the games.
Besides those, though, I've actually nabbed a fair few off of Steam that actually weren't that bad. Lots of them were pretty generic and stuff, but overall, they felt relatively competent and held my attention for awhile.
OH! RPG! is pretty neat. It basically divides the game up into little episodes, and your items and equipment don't really carry between them. There aren't really any inns or free heals, so emphasizes managing your resources will completing sidequests and whatnot is the name of the game. There's an equipment upgrade system that makes you decide between hoarding upgrades until you find some cool new gear or using it to make what you have now suck less and stuff, and the game also basically scores you based on how well you do. The first character you get is kinda whatever, but IMO, the Old Lady, the Nun and the Clown are fucking boss as shit.
LISA: The Painful and The Joyful are good, but they've probably been discussed somewhere.
Deadly Sin 2 was pretty formulaic, but I enjoyed it well enough. It has a skill point system where you decide what abilities you want to go for, rather than the usual 'level up, get new skills' thing, and I think it had gear upgrades too. By the end, my main character could hit REALLY hard with his sword, the wizard could blast stuff with wizard shit or try to inflict status effects with their weapon. My Fast Guy did decent damage on top of really crippling statuses, and the tank was our hella beefy healbot. It was pretty fun, all in all.
The Last Dream is pretty similar, except your heroes are basically personalityless, like Final Fantasy 1, but you can build them however you see fit. It has a main plot, but is structured in an open worldy style a bit, which is kinda interesting. There are different paths you can progress down, also - for instance, the quest in the early game is to basically get to the capital, and you can get there via a long walk through a couple different areas and do a little quest to prove your worth, or you can take a shortcut through a hardasfuck forest and totally skip the quest, because getting through that forest basically proved your worth already.
There's another one I think is actually really good, but I'm really hesitant to mention it because it's kinda, uh, adult-oriented. The characters are interesting, it digs pretty deep into its own lore, and in my opinion actually manages to be both serious and silly very successfully (at some point you basically start trying to broker the resources to fund an army and whatnot, not in hard currency, but promissory notes... or 'ProN', for short.) The gameplay is actually pretty standard stuff, but I think the writing is the biggest draw.