If you think of Tactics as another game like Fallout 1 and 2, as an great RPG and so, you will get dissappointed for sure.
But if you accept it for what it is, a tactical/strategy game within the Fallout Universe, its kinda good. It still has a lot of RPG Elements etc.
I would like to see some of this things in a "real" Fallout game. Like that it actually means something to join the Brotherhood of Steel, and that you're companions aren't just plain stupid.
But if i see what they did with Fallout 3.. its a nice game and so, but they watered a lot things down. Enemies easier, leveling faster, nearly no radiation, VATS instead of the turn-based combat etc.
So i don't think we will get a Fallout (and about zero other games with this as well) where it actually matters which factions you joins.
They made a good start with it in Morrowind and Oblivion, but if you can join everything at once, and if you still get commanded around by initiates when you are grandmaster...well.