Fable 2 had a great idea for an LE with so much cool stuff to it and thats what I was truly excited about. Unfortunately as you and I know the shortage occured and we only got the game and the LE Content. Fallout 3 however if you've seen has an LE with a Vault-Tec Lunch box (I guess a stylish substitute for the usual tin box), a Vault Boy bobblehead, a Fallout 3 art book, a making of DVD, and the game itself of course. If you can get the LE now then definitely get it, its a true LE.
Also yes I reccomend it. Don't believe the people who call it nothing more than Oblivion with guns. Its very different. And don't think of it as a shooter, its got shooter elements but its HEAVY on the RPG aspects. Also if you're from the U.S. then when you get to a high enough point or just look out at the destroyed overpasses and buildings riddled with people's left behind stuff all over you get a feeling of overall sadness and might just start thinking. What I mean is you're bound to start wondering, "Will this actually happen?"