I agree about Morrowind. But not about Oblivion. Virtually all loot was in leveled lists in Oblivion. Morrowind-style hand-placed loot was extremely rare in Oblivion.
In this area I prefer Skyrim to Oblivion. And I prefer Morrowind over both Skyrim and Oblivion.
I agree with this.
Doesn't anyone else feel this is impossible to achieve in Skyrim.
I don't agree with this. There are many special loot items that are scattered around the world of Skyrim, just like they were with Morrowind. The only downer about them is, if you plan on making your build one that utilizes Smithing and Enchantment, the special loot is not always that great (unless you take it and enhance it). My first build was a Smithing fighter and he could create or augment weapons and armor better than anything I could find in the game. Now I'm using a pure mage so weapons and armor are essentially irrelevant. But, my next build will avoid Smithing so that I can once again experience the joys of the days of Morrowind where stumbling across awesome loot or special items actually feels right.
I guess I can somewhat agree. Oblivion had much greater loot though than Skyrim. I always used cools sword I got from dungeons . I really looked forward to raiding dungeons in Oblivion...and Morrowind for that matter. Skyrim... not so much. I just hope they put some more unique/rare items in Skyrim's DLC. LIKE RINGS!

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I'm pretty sure your issue may be the use of Smithing in this situation (possibly in conjunction with Enchanting). Because Oblivion lacked Smithing, finding special loot was the only way to get the best armor/weaponry... so it's not that Oblvion was "better", it's that there was no provision to "do it yourself".