Oh, shit. I forgot about settlements. That whole mechanic suuuuuuucks to me. I had to just ignore it.
And yeah, plot's paper thin. Mainly there to just edge you in the right direction with learning mechanics and whatnot, but I still find some of it interesting, mostly in theory. Maybe because I just fill in the gaps with my own headcanon, I guess.
Not that there's much canon to be had, but there is at least some lore to be discovered relating to how certain races came to be and the whole Atlas and "Traveler" concept essentially being the quick explanation for why literally everyone's experience is "canon".
Still, do agree for the most part. Also, I must admit that my recommendation was based on my time with it a few updates ago. Played it recently and there's definitely a lot more, some interesting, some "too much" (like settlements).
Might move it down into my "maybe" category because it probably fits better there.