Everyone i talk to say that it's "Silly" to take out enemies with your bare hands. I'm beginning to think I'm the only person who finds great satisfaction in hand to hand combat. Does anyone else miss being able to build your fists to godlike states? and do you think there's any chance Bethesda will bring it back?

Only one's who think it's silly are the ones who couldn't fight their way through a wet paper sack in real life.

Of course, I've never had to punch a dragon in the nose in real life to have a reference, so perhaps there may be some drawbacks.

I missed it too even made a wonderful perk tree making it efficient to use hand to hand.

Hand to hand is still an option. I made a h2h Khajiit, just for fun, and his claws rip through everything.
With the other races, though... not so much.

In the heaver armor tree they have a perk that upgrades the fists damage using the armor value of the gauntlets.