I missed the Black Isle/Interplay bashing.
Anyhow, Geneforge 1 and 2 are very good, from the dude who made Exile. Also see Avernum 3, a nice game much in the same vein of Exile.
Arcanum is very hit-or-miss. Not really an indy game, though. Arcana, on the other hand, which is as indy of a game as you can get for a console, is one of the underrated gems of the Super Nintendo.

3D dungeon romp with neat graphics and a fairly good soundtrack, for a 16-bit game. And lots of nostalgia from long ago . . .
[ June 06, 2004, 18:52: Message edited by: Gandalf Parker ]