I tried it on PC some years ago, back when CGW gave away the full game on one of its CDs, and my experience was pretty much this:
Build up my dudes, start some research, shoot down a UFO, awwww yeah, visit the crash site, OMG all my dudes are dead.
I decided that it either just wasn't for me or that I didn't have the time to put into learning how to not my ass kicked instantaneously.
But I kept hearing all these rapturous stories about it, so I scavenged up an old PS1 copy and ripped it to my PSP. Unsurprisingly, my experience on the PSP was almost exactly the same.
This game is obtuse in a way that is simultaneously infuriating and strangely compelling. I want it to yield its secrets to me, but I have no idea how to proceed. It's like a relationship, for crying out loud! So this is my dating angst thread, but for X-Com. Please, help me to love this game the way you guys love it.