If you are into hiking, camping, and unbelievable terrain and scenery, then absolutely yes. I spend some time in Chile and Argentina while in college and it was a great experience. If you have the time (and money) I recommend flying into Santiago and going over land to Punta Arenas. This route will actually take you across the Andes and into Argentina. You will see a lot more of the country that way. From PA, you can get a bus up to Puerto Natales (don't hold me to the spelling) and hike the Torres del Paine. The area is ripe with glaciers and scenery you cannot imagine. There is also a large glacier just over the border in Argentina whose name escapes me right now. It is very popular with climers. For something really different, you can catch a ship from PA down to Puerto Williams, which I believe is the southern most city in the world. Not a whole lot there, but it is one of those "been there" sort of things. I found the Chilaens I met to be friendly, the prices reasonable, and the food and water palatable to American stomachs after an adjustment period of a few days. If you have a lot of time, a trip north to the Atacama desert is worth the trip. You can also travel overland all the way to Peru and fly home from there given enough time and money. Santiago is pretty westernized, but the rest of the country was not when I was there.
Don't rule out Alaska, there is a whole world beyond Anchorage that few people get to see. And there are no McDonalds there either.
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