1. It sounds a lot like Oblivion, and we know how that went.
2. Fast travel.
3. No werewolves.
4. No birth signs,no spellmaking , no attributes.
5. 49 days until it's released
A bit off topic, but I have to say this: I find Oblivion more playable and deeper than Morrowind(Yes I have played both), and the link in my(current as of 23.09.2011) signature have more about that topic.
Oh, and the fast travel is optional now since we have the carriage system

I agree with tthe negativety of point 5 though :sadvaultboy: