No kidding.. It's currently the most endorsed mod on the nexus.
I'm sure most people can at least agree that having the entire text written would be a nice improvement compared to the summaries we get now.
The nostalgia thing is so overused and inaccurate. For me nostalgic would be Fallout 3 considering it was my first Fallout game and the least recently played.
Even for people who have played Fallout 1 or 2 first, I'm sure if they prefer that gameplay style it was one of their most recently played games.
It's not like people are sitting around dreaming about the good ole days.
Otherwise I agree that a game would need to be designed with it in mind, which at this point is far too late.