Yeah, it's sort of how people feel like Highlander 2... we try to pretend it never happened.
It's pretty bad on a number of levels. It's sort of in line with the Bard's Tale remake/ the console Baldur's Gate games (top-down dungeon crawling, pretty graphics, etc.) That's not so bad in itself - I enjoyed both of those games quite a bit for what they were (I especially enjoyed Baldur's Gate very much.) But it didn't work very well in this case, it was just a poorly executed game and not very fun to play even taken on it's own merits. Unbalanced gameplay, not very good level design, lots of enemies that liked to fire at you from off-screen, etc. (Buggy camera, slow controls, etc.)
That and it really didn't show any real reverence to the Fallout setting and atmosphere. The art direction just didn't "get it." It felt like a post-apocalyptic video game, but it didn't fit in with the Fallout aesthetic very well - many of the armor models were just
way off-base. And they pretty much did whatever they wanted with no real respect for existing canon. It was as if someone had designed the game based on what they saw on the cover of Fallout 1 and 2, without actually bothering to play the game.
Had it failed on just one level, some people could possibly overlook it. But it's just a poorly put-together game, even for a budget title - "trashware" in the worst sense of the term.