I haven't been able to find this anywhere, so I figured I'd edit it and share it.

Heroes of Phantasia Original Soundtrack
Disc 1 (http://www.mediafire.com/?mxgxkcjigpl8txz)
01. The Light of Heroes
02. Heroic Overture
03. Hero's Gate
04. V�B!
05. A Routine for the Time Being
06. Origin of the Beginning
07. Triggered from a Small Trap?
08. Zero Signal
09. Rushed to Point M
10. Fighting Zone
11. Enemy Breakthrough!
12. Declaration of Victory
13. Actively Departing
14. I Knew It
15. Rare Journey
16. Sad Miscalculation
17. People on the Maneuver
18. Warning
19. Behind the Conversation
20. The Road
21. Mr. & Miss Agent
22. World Overlook
23. Sunlight Flickering Through the Forest
24. That Which Resonates
25. The Sky and the Earth
26. The Light of Heroes (instrumental)

Disc 2 (http://www.mediafire.com/?29610csujwxm9eg)
01. The Light of Heroes (OP)
02. An Homage to Rust and Iron Scrap
03. Castle
04. Those Blocking the Way
05. Overcoming the Sorrow
06. Crimson Chaos
07. Time to Say
08. Space Conflict
09. Blood Bath
10. Dreaming Big
11. Dark Red Rain
12. Battle-R
13. Father
14. Courage
15. March of Determination
16. Desired Ending
17. Battle-A
18. I Don't Need Another Hero
19. Morning Comes
20. Footsteps of the Hero
21. The Light Shall Succeed

Is this an official release or a game rip of some sort ?

There is a special soundtrack with the limited edition of the game but no one have posted it here, i wonder if one day will appears, hehe.

Anyway, looks a solid soundtrack... I'll download it. I suppose its a gamerip, isnt it? At least GR with extended/looped tracks.