I want the Arena to be much like it was in Oblivion, but I want to be able to pick which team I'm on and have different people to face depending on which team I choose. As far as jousting goes, sure, I would love to see the addition of jousting matches that you can participate in. That would be awesome! :mohawk:

Pathetic cowardice!
We shall fight on the solid ground!

Dragons, dragon mounts, maybe cliffracer mounts (speculation)...

Makes be think of only one game....

http://en.wikipedia.org/wiki/Joust_(video_game)

Now I'll have nightmares of that horrible screech!

Oh, you mean arena style...nah, I'll pass. I don't like using horses, and the arena was never more than a grind machine to rack up coinage.

Hm, lets think- what is involved in jousting? Lets see: spears (or lances for you technically correct people) and mounts. Haven't we seen this before? jk
I love the idea, as long as its like limited to the arena and challenges- I don't want random jousts with passing bandits on horses.
Off topic- would you wanna see bandits on horses? More like organized crime?