Both, sort of.
When I first got into gaming there were precisely three games which let me know I was suckered for life. Tomb Raider III, Crash Bandicoot, and Final Fantasy IX.
Final Fantasy IX was, without exaggerration or hyperbole, one of the most important events of my life. It finally allowed me the sort of cathartic release, coupled with a storyline I really engaged with, along with a challenge to finish. After that I played .Hack, FFVII, FFVIII, and loved every second of it.
Then of course, FFX, Last Remnant. Lost Odyssey is still sitting on my shelf not because I didn't like it, because I got the feeling it would draw me in and hold me entranced for days if I let it, but because after the dizzying heights of my younger years playing jRPGs, FFX and Last Remnant were just terrible. I even got FFXII, just in the hope that maybe it would turn my opinion on jRPGs around, but no such luck.
And of course, wRPGs really hit their stride about the same time. Mass Effect, Fallout 3, Fable (which I didn't enjoy, but still acknowledge was a pretty good game in my opinion). I just sort of drifted from one camp to the other. I still replay FFs VII-IX occasionally, and the magic is still there, but there hasn't been a new jRPG title in half a decade that has made me excited the same way the buildup for FFX did.
I guess I still ike jRPGs as a concept, and if one came out with the sort of story I really could get behind and gameplay like in the old days, where you got the intro cinematic and immediately BAM, character control time, then I would like it, and buy it, play it, maybe even love it the way I used to. But it almost seems to me that apart from Lost Odyssey, jRPGs are practically becoming a parody of themselves, but it's intended entirely seriously, which makes it even worse.
And I think wRPGs will eventually go the same way, until some sort of revival on both sides brings them round again. after all, Ultima etc used to be some of the top games of the day, but then they fell out of favour when jRPGs made the big explosion and consoles became the norm. Gaming is all about cycles, and I really look forward to when jRPGs get revived, but until then, I'll stick with Mass Effect 3.