The patch works great, but leaves a few holes in the story. It fixes the bugs you mentioned, and there were a LOT, but in some places it still seems like the original devs dropped things in mid production, which they did. For example, the first companion you can recruit in the game mentions his sister that was captured by slavers. He will join up with you feeling good about his chances of finding "Sis" with you. The vanilla game drops that story thread right there. Sis never comes up again.
The FO2 Restoration Project completes the game the original designers wanted to make. All of the incomplete files written for the missing parts of the game were still in the original game code. Killap undertook the task of completing all of this material. The RP was effectively completed last year. All incomplete content has been restored. The only remaining task is final bug squashing. There have been hints that a "final" release is coming very soon. (Maybe by Christmas?) We all have our fingers crossed.
I would recommend the RP. It has a few of it's own bugs still remaining, but none are game breaking. They will, hopefully, be fixed soon.
