I just finished point lookout. Actually had a lot of fun with it (albeit I had that with F3 too before realizing the canon/ story failures).
It didn't feel as dumb as F3 somehow... I don't know if beth is trying to let someone else "tell the story", but i found most of the characters to be plausible.
There are ofc retarded things like skeletons sitting around the same place for 200 years and nice old wooden structures all around (which I am trying to convince myself that they have been replaced over the years (not likely) or are just simply enhanced by SCIENCE! to endure more).
I started fresh with a new character and used a mod to skip the intro part and headed straight over there (after scrounging enough for a ferryride). Played on hard and had fun for like 8 hours.
I still hate the original game with a passion though, and just try to look at point lookout as some random other minor rpg and not *fallout*.