I would have fully agreed with you until I played Bard's Tale
Hold on, let me put my fingers in my ears so I can't hear you. LALALALALALALA
Okay, okay, I admit that the whole thing could become some gigantic train wreck. On the other hand, to continue being optimistic, it looks like the 2004 Bard's Tale was intended to be a parody in the first place. WL2 is being touted as a sincere labor of love and a return to a classic style of CRPG. Since it's being sold as such and is being funded by an audience that is specifically looking for a game like Wasteland and/or the first two Fallout games, I think this has a much better shot of being true to the source material.
I like Mighty Hedgehog's Escape From NY/LA comparison and think that's probably about the level the final product will be at. On the other hand, this summer we're also getting Ridley Scott's Prometheus, so maybe it's a magical time for creators to revisit old stories and make awesome follow-ups. Fingers are crossed!
As for Wasteland being my fave game ever:
MightyHedgehog said:Nice, WL1 is mine, too.
*high five* Awesome! We are brothers in a very distinguished society.
FnordChan