Hello Reconite,
I can understand that people will disagree but I liked ideas such as the splinter group of Super Mutants led by Attis who were looking for ways to strengthen the Super Mutants and their cause such as a cure for their sterility.
The ghoul cult of Los and their anti human and anti technology agenda.
And the Vault Tec secret Vault full of stuff Vault Tec was developing for a Post Nuclear market.
What you said is that the execution of these ideas was terrible lacking, bad gameplay, juvenile and stupid jokes, ugly portrayal of classic Fallout creatures, and the fact that Van Buren was canceled in favor for it.
In another time it would have been worked out far better instead of a quick cash in and would have been a companion to the release of Van Buren/Fallout 3, introducing console gamers to the Fallout setting.
Occasional I dream of remaking FOBOS but make it more consistent with classic Fallout such as getting rid of the 'extreme' weapons and the self made ones that do not make sense, making the creatures that appeared in Fallout 1 & 2 look more like them, and make the new creatures also seem more fitting (though I didn't mind the rad bug and robot looks in FOBOS), better dialog, more interesting quests (not just 'go there and kill that' or 'collect this item/this many samples of one item), more NPCs to interact with, the option to do good, evil and neutral deeds, better gameplay/graphics etc.