This.
It never bothered me to be honest but I picked up a frankly awesome piece of armour, and a pimping sword within the very first few levels in Morrowind, in a cave, in a chest and I wasn't even trying.
I have a sneaking suspicion that there is more than a touch of the rose-tinted spex going on here.
(Again).
I agree, I can have almost an entire suit armor built solely from daedric artifacts, & legendary items before level one.
Quick swim outside Vivec, I've got the Dragonscale Cuirass, dash over to the Cave with all the rooms named after Pokemon, & I'm packing the fabled Fists of Randagulf. Walk into the Suran guard tower, & I have a enchanted ebony sword. Two tombs near Sadrith Mora, & I've got the rings of Phynaster, & Denstagmer. Go to Gnaar Mok, got the Boots of Blinding Speed, then pop off a quick spell (to tone down the blindness just enough that night-eye corrects my vision) & I'm wearing super speed boots, with super resist rings, the best gauntlets in the game, & a super-powerful cuirass with a damn good sword.
No work on my part, because half of these I can get to to via boat or silt strider, & the other half I can just run to. And that's just items I can remember off the top of my head.
In Skyrim, I have to level-grind, invest multiple perks, hunt down, or raise the money for ore, & then once it's crafted constantly maintain it because your best gear quickly becomes obsolete.
For anyone who's played Morrowind even once it's completely broken, & the easiest game ever. There's no difficulty in getting good gear, I can't even explain how often I accidentally stumbled into some super powerful artifact, or high level loot cache while just dikeing around.