Most anticipated game of 2011 by a very wide margin. I spend hundreds of hours in Cyrodiil, similarly in Vvardenfell, and I'm anxious to make a return to Tamriel and explore one of my top two favourite provinces (the other being the Summerset Isle). I respect the removal of some of the skills, especially if it prevents others from being obsolete (anyone who played Oblivion knows how pointless Speechcraft and Security was, and how Stealth was really only a roleplay choice when Illusion was so easy to master, and don't get me started on how easy it was to break the game with restoration spells (Mecantile 100 for 1 second on self)), so am really looking forward to a more refined and rewarding experience where every skill upgrade I get feels like a significant gain. Hopefully we'll see spears make a return and maybe a bit more variety on the marksman front.
I am very very excited for this =D