Oblivion's spells were extremely lackluster, an issue which MM fixed. Skyrim's magic is vastly improved, and I'd love to see how far something like MM could go this time around. Do you think we'll see something like MM in skyrim, or will people focus mainly on other areas of the game? How far do you think the mod could go?

Absolutely it is possible, and it WILL be made.

Just need to wait for the construction tools to be released, and then i bet nothing more than a few days after the release of the tools, someone has already made something. (Albeit in a early state).

It will happen, no need to worry about that!

The only person who can say this with 100% certainty is Silverbullet

I'm planning on modding in a bunch of the Diablo 2 curses and auras as "Circle of Protection" type spells once the Creation Kit comes out.

I would love Silverbullet to port MM over, shouldn't be 'too' hard if he is interested, he's the only one I'd really want doing it because of how well it was made, I also think Frostcrag reborn wouldn't look out of place in the cold north (my favourite ever mod).

And Frostcrag isn't too far removed from skyrim, so it wouldn't be hard to incorporate.

I'd like to see Supreme Magicka make its way over..