Yes, but...this is like saying Nixon was better than Bush. I thought both games had severe problems to me, but that's probably because I thought Morrowind was the best game Bethesda ever put out and neither measure up. Fallout 3 was...just dry. I didn't think any of the characters were well-defined, the story could never hold my interest, and it had one wallbanger of an ending. Oblivion suffered from similar story and character problems with the added problems of horrible voice acting and truly pointless side quests. Both games also featured bland worlds. If you've seen one rocky waste in Fallout 3, you've seen them all. Same can be said about the generic countryside in Oblivion. At least Fallout 3 had a bit more tension to it, but I found it trying to hard to be a FPS with the RPG elements simply tacked on. But I seem to disagree with the majority on this, so what do I know?