Yes, the graphics and interface are dated, but the game itself is ageless in its variety of choices and non-linearity, allowing for a lot of roleplay, which is something that unfortunately many modern RPGs have ignored.
If you can get past the graphics and the slow combat (even i'll admt that giving every innocent bystander a turn during fights wasn't the greatest of ideas), you'll be sure to enjoy yourself for a long time in this post-nuclear setting.
A must-have for anyone who even remotely enjoys RPGs.