I rate storyline's based on the "OMFG factor," which is all the awesome surprise elements throughout the story. I don't want to seem ignorant since I've only played I-II, VII-XII. Sorry III-VI.

I'm also leaving out any plot details since not everyone has played the games.
VII - Although it is considered by many to be a very overrated game, it is overrated for a reason and thats because it was THAT good. Most people judge VII, from hindsight (Post PS1 perspective). I am one of those people of course and judged it accordingly. However, for the people that played it around the 98'-00' area, it was a game "above it's time." The story (although clouded at times) was epic and several OMFG factors made it a classic.
VIII- In my personal opinion, is my favorite just because it brought me into the Final Fantasy franchise. The story was clearer than it's predecessor, but also had a few clouded moments where you had to judge the situation for yourself. The romance, although nice for some, was not necessary or developed well. The OMFG factors were there, you just had to look.
X - X has always had the clearest, easiest to follow storyline out of all the games for me. The OMFG factors in this story were some of the best of them all. (X-2 just kinda ruined it for me.)