it's more like Morrowind in it's openendedness, instead of Oblivion in its linear...ness.
What I want back in TES V is the fantasy world that Morrowind offered. Bethesda saw that with their graphics engine they could create something very realistic, and they did accomplish that, but they didn't create a believable fantasy setting, but rather a pretty mundane universe. I hope they bring back the massive mushroom forests, the marshland islands, the massive plains of moorland and all the volcanic landmass in the centre of it all. It was so interesting, but Oblivion's is just forest after forest after city after forest.
I want Bethesda to incorporate fantasy settings with realistic graphics this time. :>