Another excellent summary thanks for doing these. You raised some good points and your struggles are things I always struggle with too for these kinds of games. On the pro side they can create these fantastic inner player dramas and really push story moments. On the con side they are only about these player dramas and tend to flounder when you go outside of it, when you just want to raid the dungeon .
I think that there are amazing moments of gaming that come from these kinds of games. I just tend to burn out quicker on them because you always have to be on and pushing them. I personally need times where I can just kick back and kill an Orc.