I can already give you a synopsis of the 5 minutes
We visit a shop owned by a Nord named Lucan, who has a large cheese wheel on the counter.
Lucan tells us he's been robbed by bandits and asks us to retrieve the family heirloom they stole, something called the "Golden Claw." Todd will walk around while Lucan is talking to show off the fact that you can walk away from people mid conversation. Lucan offers a reward if we can retrieve it from the bandits, who are hiding in a nearby Nordic temple ruins called "Bleak Falls Barrow"
Lucan's sister Camilla walks with us part of the way up the mountain to Bleak Falls Barrow, blabbering about something the whole way, to showcase the new dialogue system.
On the way up you run into trolls and bandits, and Todd kills these monsters by showing off the game's refined dual-wielding system and new spells.
Todd then spies some bandits near the entrance and he uses a spell combo of Detect Life and Fury on them to incite the bandits to fight one another. Then he uses a bow to headshot the last man standing with the "slow time" zoom perk.
When Todd reaches the Bleak Falls Barrow, there's a dragon waiting outside, so he flees into the temple with ornate fire-lit structures and architecture.
He fights some spiders, skeletons, and bandits, including a massive frostbite spider that's dispatched with a few thorough blasts of Chain Lightning, then he progresses into a cobweb-infested crypt where he runs into Arvel the Swift - the guy who ran off with the Golden Claw in the first place.
Arvel promises to let him know about the secret of the treasure but he is caught in a spider web, so Todd will have to cut him down and then kill him when he inevitably decides to backpedal on his promise.
Deciding to investigate Arvel's claims, Howard heads through the crypt, back out into the mountains, and enters a sanctum where he's required to solve a puzzle to get through a locked door. Inside the hall is a Word Wall, which teaches the player a chunk of the dragons' language - with this one allowing you to slow down time.
Heading back down the mountain, Howard encounters the dragon from earlier and uses his newfound ability to freeze time. Todd slays the dragon, and as it dies the poor thing ignites into flames leaving only the skeleton visible before Howard feasts on the creature's soul and gains Ice Form dragon shout, which he promptly uses on Geoff Keighley to shut him up and prevent him from asking if he can ride a dragon.
...hmmm... maybe that is longer than 5 minutes
that will probably be the 20 minute one we get