This is what people were saying when Xbox 360 was the lead platform for Oblivion. "It doesn't bother me, it won't affect the TES series."
Now we have Skyrim which, while it is an awesome game, it's been "streamlined" (read: Dumbed down) so much to suit a wider audience that it's become an action RPG more on par with Mass Effect than Morrowind. Mark my words, the next TES game is probably going to be and out-right first/third-person hack and slash action game with a better story, something like Assassin's Creed.
I'm sorry, but that's a gross exaggeration. I've played every Elder Scrolls game since Daggerfall, and I've never thought an iteration was "dumbed down" from the previous, only made more intuitive and enjoyable. There is almost nothing in Morrowind or Oblivion that is not in Skyrim that I miss, because they both had a ton of superfluous, poorly designed features and mechanics, to the point where, IMO, neither were playable without a ton of mods.
Skyrim is the first TES game that I could play with no mods and feel like many of its mechanics aren't inherently broken.
There's a difference between "dumb down" streamlining and streamlining for intuitiveness.