I'm glad to see that OP has it's supporters. My honest opinion, at least as far as how I perceive the the mainstream perceptions of the Bond films post-Craig is that OP is one of the more underrated films, along with the rest of the John Glen era which played a role I feel in the current tone of the Craig era. Glen was the second unit director and editor on OHMSS and I feel his influence on that film deserves more credit. FYEO was somewhat a semi-reboot to Fleming at the time coming off MR, and OP would be the very next film in the "new-era" and I feel because things like the Tarzan yell and the Clown bit that it's gets the mis-perception of being too silly when it's actually anything but. Infact the clown bit is actually a rather tense darkly ironic scene that makes one recall the saying from Soren Kierkegaard about the clown who comes on stage to tell the audience that the theater's on fire but they all just laugh and then burn to death. The idea of Bond disguised as a clown is actually straight from Fleming's notes. I would say that OP is one of my favorites of the Moore films. Compared to stuff like TSWLM and MR it is far more scaled back, more in line with some of the earlier Connery films GF, TB in terms of the kind of plot. Of course Moore's take on Bond was by default a little bit lighter than the others, but the story and stakes are deadly serious and on the same level of GF/TB. I would actually say both OP and AVTAK(which for me personally is my favorite Moore film, I was born in San Fran) are reworkings of the plot/story of MR(the Novel) and GF.
I think what the films/stories have in common are certain key elements that make up what one would consider the quint-essential Bond adventure formula. There's a certain kind of villain, in OP we have Louis Jordan as Kamal Khan who is much like the film one of the more underrated villains. He brings that air of exotic charm and menace that it's almost hard to describe. The way he plays the role it naturally evokes that evil, sophisticated, ruthless businessman type villain while not overplaying the role. He may not have scars or any manic outbursts but it's the subtle villainy that's brilliant. The other main component is the secondary physical threat/henchman type role i.e OddJob, Gobinda. Both are very memorable although somewhat cliche but in the case of Bond, especially the older films that's part of the fun. It's moments like the bit with Oddjob smashing the golf ball and Gobinda and the dice that leave an impression. In my namesake's anime movie, Spriggan there's a scene where one of the villain's henchmen crushes a bronze ashtray with his cybernetic hand that reminded me of that classic Bond-style moment which shows just how powerful this villain is, that makes it all the more fun when they get their eventual come uppence. The third main component is the villain's plot or threat, and that's the old case of Nuclear Blackmail or a plot to outright cause a Nuclear disaster which most would argue has been done to death in not just Bond but other Franchises as well, the most recent examples I can think of are The Dark Knight Rises and The Avengers, and it's interesting that both while comic movies are also heavily inspired by the Bond formula. In the Novels Fleming first introduced the concept in MR, and it would again be used in TB and to a lesser extent the GF novel but it was made a key component of the plot in the film adaptation. Since then the threat of Nuclear annihilation was used in YOLT/TSWLM and the last real Nuclear based plot was TWINE, which kinda reworked the standard threat of a villain with a nuke. Above nukes there's the whole Regan-era "Star-wars" type space based weapons which we've seen stuff like YOLT, DAF, MR, GE, DAD and then there's bio-chemical weapons that so far only OHMSS really featured. We've had a taste of a cyber-based/hacker villain's plot in SF but there's still the concept of a cyber weapon i.e something like STUXNET which could be an idea for future Bond movie. If you want to get really interesting borderline sci-fi(but allegedly real) there's stuff like directed energy microwave weapons/ scalar technology, HAARP type systems, the idea of geoengineering(weather control), even microwave/vlf frequency mind-control(voice of god weapons).
I guess in answer to the question, yes I think at the very least before his run ends, Craig should have an OP style/scale plot and villains to tackle. Craig's era so far has had most of the traditional elements girls, gadgets[in my perspective all three Craig Bonds have gadgets that are featured and used in them] action, memorable main villains and exotic locations, just very scaled back. Post SF we have almost all of the traditional elements in place, with M, Q, Moneypenny, Tanner, Felix and there's still a few loose threads of Mr. White/Quantum. Now it feels like it's about time for them to do a more traditional type Bond story, just translated to the tone and style of the Craig era. Imagine taking the bare-bones of a story like OP or AVTAK and then translating it to the same style of story, action, and tone in the Craig films. We could have another classic on our hands. Like I said before Moore brought his own lighter touch to the role and I wouldn't say Craig's films have been totally without humor. In my opinion that's another misconception, Craig's films have plenty of lighter/funnier moments, it's just done in his style or brand of humor which is different from Moore just like how Moore was different from Connery. For an OP style story/plot to work they shouldn't compromise the tone of the films in Craig's run so-far. I think it could be done and if we're thinking about this I wouldn't surprised if the filmmakers were considering something like this too. While it's not Bond, I really enjoyed Captain America:The Winter Soldier and certain parts it's almost a throwback to the old school Bond films like TSWLM and MR. Actually I would even say that TWS film is a variation of the MR novel's story, which would again confirm that Fleming is indeed one of the granddaddy's of action/adventure storytelling. He did it first and arguably best. Like the song says, "Nobody does it better".