I like the idea that other people online would ruin my Elder scrolls experience by acting like total idiots all the time. And I have to pay for it too!
On a more analytic (is that a word?) approach: Someone here said that it would most likely drown in an already endless sea of fantasy MMO's, and even more so, fantasy MMO WoW clones!
So unless they make the world some way unique, like in Morrowind (well I thought it was a little more exotic than the average) it's just gonna flatten out as another crappy WoW-clone.
Also, mind you that Oblivion wasn't a step in the right direction with it's ultra generalized, boring medieval fantasy world.
I'll post this related link too! http://screenshots.filesnetwork.com/95/potd/1134695493_73.jpg
That's just my personal opinion, signing out.