Just put about 3 hours into the game, you guys are in for a treat. Its pretty much Morrowind, but with insanely good graphics, some new features, and it feels like its a little more in depth (i havent done anything big yet).
Only thing i dont like is the map that comes with the game, it doesnt show almost anything, it just shows the major cities and the landscape, other than that you have to discover everything on your own.