Sadly, your comments about Brisbane are pretty much on the mark. There are some nice places to go to eat (a couple of stores in the Valley, and some others in West End) and the relatively low cost of living (as compared against, say, Sydney) helps, but on the whole, yeah, it sucks.
The other thing you're right about is the racism that's so prevalent; it takes years and years to overcome the wowsers and actually get anything done, and the reputation Queensland cops have for low tolerance and a tendency to beat people is, in my opinon, still deserved.
I plan to never live further north than Brisbane until I move away from here.
When it comes to politics, at least the last time we had total right-wing loonies running the place was over ten years ago, as compared against Victoria's two years or so. Kennet never impressed me much. I can't say the tendency to blame Canberra for the world's troubles is an exclusively Queenslandish trait, either.