I like the story. I also agree with the premise as outlined in some posts in the "The Emperor Tadpoled us" thread that "Daisy" was the Emperor but that Larian changed her to the "guardian" because they were aware players were not embracing her offers and powers as she seemed too evil.
Is it the greatest story ever told? No. but it is good enough and better than I was expecting. I bought the game for all of its attributes and while the story was important, it was not the most important feature to me.