OK...
I'm still hung up on the fact that TES V AND an MMO are being worked on, with the same timetable, and the same target release date. Something is off there, and right now, we have a lot of proof for an MMO out there. Now I know that it doesn't fit with the trademark, so that is conflicting with the MMO idea. At this point, there are way too many "If"s for anyone to confidentially predict that this game is TES V vs an MMO. That's all I'm saying.
/facepalm.
There is
NO PROOF WHATSOEVER that an MMO is being worked on. At all. By anyone. There is also only the frail speculation by someone who heard secondhand that ZeniMax was planning an MMO based on a Bethesda IP at all. Also, there is
NO PROOF WHATSOEVER that TESV is being worked on either, however two novels, Todd's team working on a secret project and the Skyrim trademark allowing for speculation. Neither of those point to a timetable or release date at all, let alone that the one that actually exists would have the same timetable as the one that likely doesn't and hopefully never will. So we can say with confidence that the next TES we see will be a single-player RPG made by Bethesda since there is at least ANYTHING to point to it ever being made at all, ever.
I know people have said basically the same thing, but it needed saying again, very loudly in Regulation Red.