Would you say the game has more of a Morrowind feel, Oblivion feel or a good mix of both?
Morrowind feel again is my guess.
Morrowind: Every dungeon felt unique and could have a unique treasure. The cultural feel was breathtaking. Everything was just perfect.
Oblivion: Level scaling
KILLED any sense of achievement, generic boring world, generic dungeons, generic characters, bland, impersonal, dull... i could go on.
I think Bethesda has learned alot from Oblivion and wont repeat the same mistakes. Skyrim has that cultural feel again, unique dungeons, a challenge, reduced level scaling, incredible voice acting, revamped skill/ability system , added perks (Great choice imo).