I'm one of those people that ranks Morrowind as one of the greatest games of all time but was disappointed by Oblivion. As a result, I expected Skyrim to be excellent, but still a bit disappointing compared to Morrowind. Almost 20 hours in however, and I am stunned. Skyrim is giving me a sense of wonder and awe that I have not felt since Morrowind. I honestly wasn't expecting this. I'm not saying Skyrim is perfect, far from it, but everything is coming together into an experience far better than Oblivion ever managed.
To other Morrowind veterans - how is Skyrim for you?
Same as you, really. I list Morrowind as my favorite game of all time when people ask, right above Deus Ex. I thought Oblivion was a fun hack n' slash game but not much more, and pretty boring after a while. Skyrim... Skyrim is amazing. The world is interesting again, the factions are interesting again, the gameplay, while still not as hardcoe RPG as Morrowind, is more complex and deep than Oblivion. It even seems less directed (with the compass turned off anyway) and the leveling system is great.
Perhaps most importantly for me: story and dialogue are good! Oblivion (and Fallout 3) had the worst writing, just terrible from the get-go. Morrowind wasn't always exceptional in this area but it was pretty good. Skyrim is great in this department! Well written, interesting characters, cool factions, smart questlines. THRILLED.