Wrong. Since you probably didnt read the post above yours, let me say it again. FR is just as magically rich as the next D&D universe. Just because NWN deals out magical items like candy doesnt mean it should be that way.
According to FRCS, there's two kinds of magical items - the adventuring magical items and what they call gimmicks (commonplace items that are designed to amuse or entertain or even have some minor usefulness - eg. a broom that sweeps by itself) and even those items are in the possession of nobles or wealthy merchants, certanly not findable in the beggars nest.
Adventuring magic in FRCS however says "Real magic - wands and rings, magic arms, and wondrous devices--is relagated to the wealthy, the powerful and those adventurers who stumble across such items in the course of their journeys and battles."
If you want to argue that FR is filled with overpowering munckhinish chars, well, there's the circle of eight in greyhawk, a bunch of munckhins if I ever saw one. Same thing in Dragonlance.
Basically, it comes down to personal preferences, you should try out the different D&D universes and see how you like them.
You can also try the new Eberron setting, which I hear has some interesting new things that make it different to the previous D&D universes.