Did you really think things were going to improve when Morrowind/ Oblivion were the same way? The combat suits the gameplay, because combat is only the main focus if you want it to be, and there are a lot of ways you can fight in TES. If you want breathtaking combat, play a game where the focus is combat, rather than exploration and questing.
Combat is on par with exploring and rp'ing.
The combat mechanics are an essential part of the whole experience. The leveling is all there to improve the combat. 90% of all items are there for the combat. Almost every single quest requires you to kill something. If you dont play a sneaky character, your only option to do stuff is by fighting the environment.
Exploration leads to combat, as enemies are everywhere in the world. Questing in Skyrim depends more on combat then it did in previous TES games iirc.
Saying the mechanics were even worse in the previous games is a pathetic excuse. I would rather see other aspects of the game a little less improved, but have a more fleshed out combat system.
If you want exploring and questing, go play an adventure or a point and click game.