Oh good lord no. Only Fools was more than pretty good, but episode count is not a great barometer. There were 295 episodes of Last of the Summer Wine. Watch them all, I f***ing dare you. Fawlty was excellent despite only 12 episodes (although I think the short run should count against it a bit)...
Yep, this is a tough one. Both great.
It's definitely dated, but that's to be expected for that style of sitcom from that era. That doesn't lessen how good it was.
I really like the Fast Show, but Only Fools spawned my username, and that alone should be enough (for some of you to vote fast show)