Persona: Needing - by Doc
Rather a different venture from the rest of the fanfics on this site alltogether, Persona: Needing is an attempt at not so much a fanfic but a fan creation.  The writing, that is, of an original story in the world and style of the Persona games.  The next best thing one can have to Persona Three, I say! 

stage one - it's so cold in here
 
 

Chizuru - by Enki
An introspective fic dealing with Persona II's very own evil version of Cleo the Infomercial Tarot Lady.  Except.. umm... Chizuru's much cooler.  So there. 
 

Stacked Deck - by Graham Johnson
You know what I love about Persona Fandom?  That despite how little fanwork there is, you can really count on a lot of the stuff that is written to be very original.  An insightful vignette on the subject o' Guido Sardenia/Kandori - with a card correlation I prooobably shoudn't give away. 
 

In The Cards - by Mess
A Vignette Series this site's ever-so alone-in-her-obsessions webmistress.  It'll a character-analyisis and the like, and based a bit upon the Baofu-Ulala-Katsuya drinking binge negotiations combo.  Spoilers abound.

The Devil Drove them to Drink
Star: Goin' to the Chapel
Justice: Through Blood-Colored Glasses
Hanged Man: What You Wish Fo

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