Morrowind was epic, and although Oblivion was really good, with a really good battle system, it was a bad 360 port. I hope the game is almost entirely like Morrowind with graphics and improved magic from oblivion, but for the love of the divines please no stupid list as inventory, keep that on console.
You know what, If they take the best of both Oblivion and Morrowind it could turn out to be a amazing game. Tweak the combat system from oblivion slightly, Tweak the inventory system slightly and have a PC and Console versions, Take a page from Morrowind and have more diverse Environment while also retaining Oblivion's fast travel system. Probably tweaking it slightly to balance out things. Morrowind had a large amount of city based quests. Heck it had just about the same amount really as the damn Oblivion cities had. Thats just my opinion. It depends on your view of it all. Frankly, If they combined various aspects of Oblivion and Morrowind while not forcing exploration but making exploration worth a dang then yea will be a good game. Personally I disliked the radar map...Not because it wasn't some what useful but because It felt like some sort of cheat.