hehe @ Peltz...I hope it's because Bethesda will manage to deliver a bug-free product for once, but that's a distant illusion.
Bj...it's 1000% certain that it's a standalone game
Check out the screens, it's hard to confuse it with Morrowind anymore tbh.
http://www.gamespot.com/xbox360/rpg/the ... index.html
Ooh, another cool quote btw:
[quote]Could you detail for us how the forests in the game were constructed, and how this was integrated into the rest of the game?
It’s one of those things we’ve always wanted to do in a game – full real-time forests for you to explore. Our tech for creating forests is something we spent a long time on. We’re combining procedural generation of landscape (based on its soil type and years of erosion), trees (based on species and random growth clustering), and grass (base on regional patterns) to create some really amazing areas. Combine this with full canopy shadows from the trees and it really takes you to another place.
As far as gameplay – a forest really is one of the richest environments you could explore. The dynamic compass helps you find things because the first thing we experience with the forest was “I’m lost.â€
Bethesda should make a deal with some hardware manufacturers, don't think I'm the only one who needs some massive upgrades. It's better than getting a new console every 3 year I suppose 
If my current machine chugs, I'll just build a new one, I guess. 
Broke bastards on this board. heheh.