Persona 3 (Portable), could it be considered as a VN?

Odd question to those that probably doesn't even know what P3(P) is, but for those that did get a chance to finish P3(P), would you consider it a Visual Novel? The elements are there. Option-select whenever you're doing social interaction with friends, classmates, etc. There's a story behind it, and I would think that the game heavily revolves around reading dialogues in comparison to leveling up and endlessly grinding. I'm not sure about the other Persona games, but just from my own perspective of Persona 3 Portable, I'd consider it as a quasi-VN, because the similarities are there. There's just almost as much grinding as there are reading conversations, but I'd say the latter is more evident in the game.

opinions? y/n

[video=youtube;N8L08B5_sSs]http://www.youtube.com/watch?v=N8L08B5_sSs[/video]


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[video=youtube;xidl7eeJlCU]http://www.youtube.com/watch?v=xidl7eeJlCU[/video]

PS: Still playing my P3P, doing 2nd playthrough in Hard Mode, I think my femMC is at lv 95+.