I feel like the relation between Fallout 1-2 and 3 is very similar to the relation between BG1-2 and 3, at least from the development story view. I remember Fallout fans being very worried and Bethesda reassuring that the crew working on the game is full of Fallout fans and stuff. I think Baldur's Gate 3 will be very similar to Fallout 3 - Some very clear similarities to the source material, but a lot of the essence missing. I think it will be similar by the way it will be received as well - I think the general audience will like it while hardcore fans mostly won't, or at least not as much.