I'm willing to sacrifice a lot of realism for convenience. Like you said, living through some bullets is nice. I like the regenerating health bit developers love these days. Obviously in life you cannot hide for a few seconds until you're spiffy again, but I like it better than health bars. Things like limited space are ugh worthy, too. Just give me a hammerspace, I don't care if it's impossible. Even in RPGs, which aren't realistic to begin with but create rules in their universe, I prefer to click on something on a map and be taken there rather than manually wade across an ocean to the same result. I typically don't play racing games, but I imagine I'd prefer mayhem to precisely driving in a circle.

I'm willing to suspend disbelief for a smoother and more fun ride. But I'm wonky.