I think it would be great because of the following reasons
1. It would be lore friendly (being in the nordlands now)
2. Being a werewolf was kick ass in morrowind
3. Imagine how awesome they could make the abilities, animations and features now
4. second identity is always fun (even third if they have the Grey Cowl)
5. a Vampire/Werewolf halfbreed
6. Oblivion has plenty of mods (not great or perfect ones) for werewolfs (so the community does want it)
7. Even add the "Ring of Hircine" for people that don't want the disease and want to turn at will (not just night).
1. It would be lore friendly (being in the nordlands now)
2. Being a werewolf was kick ass in morrowind
3. Imagine how awesome they could make the abilities, animations and features now
4. second identity is always fun (even third if they have the Grey Cowl)
5. a Vampire/Werewolf halfbreed
6. Oblivion has plenty of mods (not great or perfect ones) for werewolfs (so the community does want it)
7. Even add the "Ring of Hircine" for people that don't want the disease and want to turn at will (not just night).