Is the only reason why this is even an Elder Scrolls game, I mean if you changed the name of the game, the locations, and maybe some of the lore you would basically have typical fantasy mmo. From the screenshots I am really disappointed, if you had just shown me those and didn't tell me what game they were from there would be no way I would have thought it was an Elder scrolls game.
My theory is that Zenimax wanted to get on this MMO trend and try to make profit and kill WoW (that will happen) but they were worried they would not get recognized. What do you do in a situation like that? Slap a very successful series on the title and get on the front of Gameinformer.