Sadly that is true, If only Black Isle/Interplay didn't sell the IP to Bethesda for Fallout title, maybe Fallout 3 would be more true to it's original games and not such a silly game. Wizardy series was also pretty decent, already forgot about that, and Baldurs Gate, for it's limited engine was incredibly awesome.
Sadly the newer the game is the less it has to offer due to seriously abused importance if nice graphics, completely forgetting about how developed a game should be, a real game should offer an immerse universe (RPG-type), an array of weapons and armor only decent enough in older games, and a full set of playable/allied characters. Spiced up with a very interesting and intriguing story that takes you on a walk for around 60 hours without the sidequests, and challenging enemies not because of their armor being nearly impervious to attacks (Fallout 3 Deathclaws and that crab king), but because they are fairly smart and cunning or using your weaknesses against you. You don't find cunning enemies like that in games anymore, they just shoot or simply overpower you with fancy attacks.
I still remember how fun it was even in Starcraft when you could set up a map that could easily overpower 8 well prepared players with one super base of Zerg (made a few such maps back in the days when you simply applied 5 minutes wait with Siege tanks and whatever you had and you still lost, the point was to stay as long as possible and survive the initial 3 waves, no one survived past the second wave, even if they had cheap units with a lot of power, hell we even made a map version that allowed no cost to units, we still got owned within 5 minutes

epic fails

)
I even remember how great the first Diablo game was, soloing the Butcher was fun, running around and casting firebolt every 20 seconds when you had the advantage of distance enough, took ages to kill the bastard.
Daggerfal was an awesome game, if anyone played it or at least a demo, you could use any of the Elder Scrolls race, any equipment, you could use a lot of gear on yourself and the game allowed you even to walk star naked on the streets without any censor (well the lower body part was kind of censored still, but in overall, you could walk around topless as a female and shake those tits and guards

no one would tell you shit)
Crusader-No Regret/Remorse as futuristic games brought a very immerse story and although the game was very linear it allowed you a lot of freedom of movement and many ways to kill your enemies.
Early Final Fantasy games as well as many other games used an (at the time) advanced graphics and yet still gave us plenty of hours to enjoy the great story they always provided.
This thread seem like a RANT but in reality I will play what you will throw at me to see if it's what I am looking for, or comment on what you guys will tell me to play if I did play the game already.NVN games were very interesting, but even they had limitations, though I admit some of the MODs were making the game a real gem.