Fallout is itself a spiritual successor to a game called Wasteland, which is old enough to have been released on the Commodore 64. The people who made Fallout couldn't get the rights to Wasteland so they made Fallout. Well, now they have the rights, and you can pick up Wasteland 2 now: http://store.steampowered.com/app/240760/ Currently on sale 60% off, though I'll say I've seen it on sale quite a bit. I'm sure it'll be on sale Christmas again.
I cut my teeth on the original Wasteland (on an Apple 2) and am working my way through WL2 (haven't yet got to CA).
Wasteland 2 is good but buggy. There were some balance issues with the original and even though they went back and made a director's cut it's still not great. I'm most annoyed by the way that certain factions are hostile depending on where you are on the map (e.g. not based on actions).
I was disappointed my initial "balanced" party was very difficult to fight with, and I had to go back and remake a party where everyone uses assault rifles (and one sniper) and a backup melee weapon. I don't mind realism (in which that is the only sensible build for what our characters are doing, there is a reason real militaries carry around so many assault rifles), and I don't mind artificially balancing things out so that all weapons are equally valid or situationally useful, but don't tell me you did one on the hint screen, then do the other.