Well, the series does have:
Creeping Coins, an enemy that breathes, hitting your entire party for a massive 0 points of damage (1 in Wizardry 4)
Poison Giants, a strong enemy with a nasty breath attack that's nearly immune to magic (in Wizardry 4, this includes MAKANITO), but it turns out is only level 1.
Fuzzballs, a weak enemy that gets zero attacks per round, but it turns out they're level 100. This enemy, in fact, seems to be designed just to be annoying (but is useful in Wizardry 4 because the AI doesn't know how to deal with them).
Dinks (unidentified: old men I think), which are weak but immune to magic. In Wizardry 4, they have only 3 HP but -90 AC. [1]
Toga Llamas, as well as a superboss that is a llama.

Of course, other early cRPGs have their ridiculous elements. Fighting 200+ enemies in one battle in Might and Magic 2, fighting nearly 400 (!) enemies in a particular spot in Bard's Tale 1, a part in Might and Magic 2 where the intended solution to a puzzle involves what a typical player might consider a glitch, Might and Magic 3 having what most people would consider a debug item obtainable, the Ultima series having the "unkillable" Lord British (there's a reason that is in quotes), Bard's Tale 2 and 3 both having a spell that heals and buffs your party *and* does damage to all enemies (and in BT2 it isn't even an Archmage spells), Ultima 7 allowing you to kill Lord British in a rather ridiculous way, and this list is probably not complete.

[1] Wizardry 4 monster stats (along with a major puzzle SPOILER) can be found at http://cafeyayoi.web.fc2.com/game/row/monster4.html (page is in Japanese)

And I hated Morrowind... I mean, it was the only Bethesda game I ever played, it was hyped a lot when it came out and I really wanted to like it ... but it just did almost everything wrong a computer game can do wrong.

At the same time I loved and still love Wiz8 and it would definitely be one of my three games for a desert island.

The problem is - both are labelled as a crpg but totally different, as the genre has evolved a lot in the past ~30 years and developed many different styles and sub-genres.

This.

Was Wizardry 8 did - and this makes the game so great - it took all the great stuff from 80's-rpg's (sometimes hard, turn based combat, party management, puzzles etc.), took away most of the elements that were poorly done at that time (like grid-based movement, grinding, no auto-mapping) and combined it with modern elements without losing it's soul.

Other games tried this as well (like Wizards & Warriors etc.), but none did it as good as Wiz8, at least none that I know of.

Wizardry 8 is pretty darned good. It has some flaws, but overall I enjoyed it very much. Actually I think 6,7, and 8 is a great trilogy.

Yes, it has aliens, spaceships, cyborgs, and guns. I don't see why that's a problem.

There is a Laser weapon which uses that ammo, but it drops only on 2 occasions with less than 2% chance (or even 0% if you first enter that map with a too low level). Funny thing is, the gun still works without the ammo, it will just loose it's 10% kill chance. So best keep them for bosses and other difficult encounters.

As for the stamina, there are others which need them, pretty much anybody who dual wields weapons for example will run out of stamina pretty fast, just like anybody with a doubleshot/tripleshot crossbow (especially rangers). And dracons if they use dracon breath. Which is why rest all is such an invaluable spell

I found it a bit odd as well. I am currently playing through for my first time and the difficulty and my stubborn nature is was drew me in but the amazing game is what has kept me playing.

Might and Magic story line is fill with the ancient alien race with space ships and laser guns m8 :D.
YOU CANT ESCAPE FANTASY SCIFI OF THE 90's!!!!!!!!!!!!!