I checked out that Chivalry video, and it has some neat aspects to it, but some others I'm not so fond of. The dynamic attacking thing is good, but I'm not so sure about the whole jerking your mouse about to block part. The animations kind of sucked, but that's probably just because of it being an early build. I really don't like the ducking under and jumping over attacks. It adds a very arcade-ish feel to what was otherwise looking to be a more realistic take on a medieval combat sim. I'll still probably pick up this game, but it is a minor nitpick.
It's funny, reading on people's impressions of Skyrim. I never got to a point where I could just steamroll enemies without blocking and dodging, but that could either be because I use a combat mod(Duel currently, and waiting for Duke Patrick's mod to hit a stable point of development), or because I never really tried to break the game(unlike I did with Morrowind, which was particularly prone to abuse via enchantment/alchemy).
By the way, I think that the Pax East video has a better representation of Chivalry. It's one of 5 games in the video: