Considering I generally avoid the magic system, it doesn't appeal to me much. I'm going to assume you're referring to the spellmaking system.
Levitate was removed for a pretty good reason, though I know it bugged a lot of people.
I just overall hate Morrowind's combat system and lack of information. I don't roleplay and I don't like to min/max, nor write complicated guides on how to get somewhere and what's going to count as stolen when I grab it.
Got my fill of that years ago. I know a few folks that still have giant libraries of printed and hand drawn maps and guides for games like this and even EverQuest. I kept notes for a few quests with world scattered items. I hate doing it and I hate screwing something up.
So yeah. No. Though there's a particular *coughs* mod project *coughs* that shall not be named for Skyrim that I'm hoping is finished someday.
Please stop reminding me. T.T