Wouldn't it be cool to have a Daggerfall conversion? Is there such a thing already, or has anyone even thought about it? Daggerfall is obviously enormously huge, but just the main quest and a few important areas and cities would be a good start.

The landmass of Daggerfall would probably be too big for Morrowind. And there are plenty of game engine differences.

There was at least one project to rewrite Daggerfall (http://www.gamesas.com/topic/1058120-daggerxl-the-continuation-ii/). Seems to me like that is a good way to go.

Edit: There is a http://planetelderscrolls.gamespy.com/View.php?view=Mods.Detail&id=4091 mod if you haven't seen that already.