I've had fun once or twice on Wake Island, playing America. We slowly battled our way from the beach, up the right side, all the way to airfield, capturing as we went. It was an all-infantry thing, the choppers and jets just didn't seem interested in us. The grass being so tall on Wake, it was pretty intense to go prone in front of the airfield, full of defenders, and know that probably 3 inches of terrain is all that's keep you alive.
But that's the exception to Wake. Most of the time it's as described. You get to defend the beaches as the Chinese, and that can be rapetacular for your side. But mostly it's running to and from the two arms of the island and getting pillaged by airpower.
Personally though, I could give two ****s about Wake. I only played it in BF2, I'm not one of the people who played it from 1942 who have seen it across three successive games now. I want to see destructible Karkand.