No reason it shouldn't work. You might not be able to go for full graphics, but they should be good enough.
I got it for the PC, and as a stock game its just as buggy and as unstable as an over-modded Oblivion. I prefer PC because I have more direct control over aiming. And my monitor is WAAY bigger than my TV.
It's up to you. The PC version needs a lot more patches to become fully stable, but the 360 version will always be as steady as a rock.
Another thing, when the mods start poring in, you won't be able to use them on the 360.
[Edited by AdmiralThrawn, 12/24/2008 9:25:37 PM]
well in my case i have the PC version with already almost 100 mods installed (including new 4000x4000 pixel textures) and i get no crashes or problems with the game or LIVE what-so-ever.
With that said. PC no matter what even if you do get bugs. Reasoning why:
1) Better graphics, PC is already capable of running Fallout 3 better than the 360 and texture mods make it look even better.
2) 5000 mods already out. NOTHING for the 360.
3) The upcoming DLC is exclusive to both the 360 and PC LIVE so we still get all that too.
So you go for the 360 you only get the Bethesda DLC. you go for the PC and you get about 100 mods a week (or more) and the Bethesda DLC. easy choice IMO.