Too bad because it looks fantastic(had never heard about it before).
I wonder what the legal problem is...
Is it because it distributes textures/stuff from morrowind? If it is so the author could simply make an automated patch to compile the mod dynamically(ie you would need to have morrowind).
Because just looking at the trailer video it made me want to play it(dunno how they will handle the dialog system difference though)

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edit:
Apparently it requires both Oblivion and Morrowind, what the hell is it breaking in the EULA then?
Any precise explanation is welcomed

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