Well if you dig a little deeper into the latest previews etc TESO looks pretty good.
The graphics are not that great, but then again its an MMO and with the size of world they are going for they had to cut some corners.
The fact that you can customise your class so much is very innovative for an MMO and also from reading previews exploring actually feels immersive in this one. Something that GW2 really messed up.
I was very critical about this game, but the latest previews have changed my mind. I believe this could be a great game for Elder Scrolls fans that want to share the adventure online.