So, why not remake the game in the Morrowind engine? With optional quest markers included of course, we do live in 2012 after all

Such a remake would also allow people with older engines to enjoy the beautiful world of Skyrim. There would be a lot of work of course, since they cannot just recreate Skyrim in the Morrowind engine either. They would have to handplace a lot of interesting loot, write tons of compelling dialogue (text boxes would look so empty otherwise) and fix the game to allow for cool things like levitation etc.
Yes it is a tremendous task indeed. Not to mention the extra pieces of armor, the spears, the crossbows, etc... they would have to make. Luckily some textures could be re-used from Morrowind. I am sure lots of players will not mind that.
So, all discussions about realism aside, would you like such a remake?