I played it from begining to end, and the overall experince was not "wow best game ever!" It was good, I have said that before, but it was good in the wow factor. Stuff blew up, monsters head got ripped off, and all other things I found enjoyable were related to the combat. The conversations were not all that interesting, or for the matter well written. The quests were all go to point A, kill whats inside, and return. The storyline I did not like, and honestly thats the big deal for me. I did not care what happened to any character, or any NPC, or any faction. They all sounded the same, and except for different clothes every town had the noble guy doing what he thinks is right, the fellow agaisnt the towns interests, the girl down on her luck, the outcast, and the really smart guy who needs your help. I killed megaton to see an explosion, not cause I wanted more things, or felt slighted.
Yes this is the first one on a new console, designed not for the computer but a video game, yet at the same time I just did not like it. I know I am comparing this to the originals, and some feel that is bad of me. Move on! Well tell people who like Starwars to move on and accept the prequels. Also if I may I am not just using FO1 and FO2 as a guide here, many RPG's have managed this level of interaction, and violence while ensuring that the storyline and characters are the most important and not the wow facotr of the world. Arcanum, Bloodlines, Dues Ex, and others all somehow managed to be cutting edge for their time and still have storylines that added to the game play.
The thing is, is that you're right. The game was put on consoles and most console gamers prefer fast-paced games that Fallout offered. To me, the most important part of the game is the enviroment I'm in (but not graphics). For instance, the fact you could just kill of a NPC was something to think about.
But there were things, I guess, that were missing. The world felt alive, but dead at the same time. The game forces you down the route of combat, and in the end, I couldn't join up with BoS or something, so the open-world bit isn't really open world.