The detail that Bethesda have put into this world is nothing short of impressive! You can get hung up on what the game isn't… but there is so much that it is. This is a beautifully realised (and it is quite stunning visually) post apocalyptic role playing game that happens to be online and can be played with other people. If you are more of a single player gamer like me, don't let the online nature of Fallout 76 put you off… it's eminently playable as a single player experience. If you are put off by the issues mentioned at the start then maybe steer clear (or at least wait to see if patches address your concerns), otherwise I'd say grab the Deathclaw by the horns and jump in (but maybe wait till you have powerarmour to do that.).
Overall, it's nice to have another local multiplayer game for VR