After much ado, the Fallout 2 Restoration Project has reached v2.0. Currently it will only work for English versions of Fallout 2, which you can find on both Steam and GoG (better choice imho) also don't forget to grab the patches from the forums to update it to 2.02b. This patch tries to restore lost content that was originally intended for FO2 and the change log is extensive, also a technical wiki is available for those wanting to give it a go.
For those wanting only the bug fixes can grab the 1.02.26 patch by itself, though I can't imagine anyone not wanting more content for free.