Personally I think FE, on balance, is at least as good as OFF, comparing OFF Phase 2 (and what I have seen of Phase 3) with FE1 patched.
Both have a very limited range of 2-seaters. Neither has great AI but FE's AI is rather better, seeming to cope better with slow WW1 planes than does OFF/CFS3 eg no crashing on/after takeoff, slightly better formation flying, somewhat better evasive action (hate those low-level up-and-down antics in OFF). Patched, FE's planes look a LOT better, complete with dynamic shadows, animated pilots and guns/engines, and high-resolution textures; in particular, the FE Camel's external and internal models must be among the best seen in any 'survey' sim. I totally disagree that the FE planes are 'toy-like'; they are superb, beautiful to look at, in cockpit or external views. The FE planes 'decals' look a LOT better than the IL2 equivalent and give squadron planes a unique identity. The OFF clouds and scenery are somewhat better than stock FE's but FE's fog and lighting effects give the FE world a quite beautiful appearance and it has good mods for clouds and terrain. FE's rendition of roads, rivers and to a lesser extent, towns or villages is generally better than OFF's CFS3-based equivalent. FE's inflight and planning maps aren't great but they are better than OFF's map, based as it is on the truly appalling CFS3 low-resolution crud. The OFF WW1 world has a better ground war environment, tho FE's isn't bad. Both have flaws in damage modelling. FE has a great range of free addon planes, terrains ond other stuff. OFF's limitations on 'warping' may have been reduced in recent versions but FE's is not speed-limited. The OFF SP campaign has some nice features; FE's reminds me of EAW's; a few less trimmings to be sure, but somehow just as engaging.
Speaking as someone who has just got back into simming, it's evident that FE has come a long way since the original release. On balance, I think it now has a strong claim to being the best all-round WW1 sim currently available. What it may lack compared to OFF and RoF in some areas, it makes up for in others.