I posted this before, but I want to bring it up again because I think it may be an important point (especially to those who think that the new game is a new IP):
http://ve3d.ign.com/articles/news/56308/Bethesdas-Todd-Howard-On-Elder-Scrolls
When asked about a new Elder Scrolls, Todd says he wishes he could give us that answer right now, then when he is asked about what is going on internally at his studio, he says "I would say that we have pretty much the same team. I've worked with a lot of guys for over 10 years – the group that did Morrowind, Oblivion, and Fallout 3. We just really enjoy doing what we're doing. We don’t want to be doing a ton of stuff. There will definitely be – and I'm glad everybody’s patient with us – gaps and sometimes bigger gaps between the titles. We hope it's worth the payoff. Thanks for your patience and bear with us. Hopefully it will be worth the wait."
Hmmm... he seems to talk about being patient, is he addressing this to the Elder scrolls fans? Because as far as I'm concerned we are the ones who have been waiting a LONG time. He talks about having bigger gaps between titles, well there is obviously going to be a bigger gap between Oblivion and TESV than there has been with Morrowind and Oblivion. Its been almost 5 years since Oblivion so we are well overdue. Also in this interview while discussing gaps between his Fallout titles http://www.reuters.com/article/idUSN2131465420081023
Todd says "I think it's good for people to miss things," Well, we haven't had a new Elder Scrolls for ages. It seems like he is trying to create hype for the title. If we assume that the new game they are working on is a new IP, I think they would've announced it by now. There is no point for them to create hype or wait really long to announce a title that nobody knows that they're working on. I mean, they had no problem announcing Fallout 3 (which was a new IP for them back then), It was announced even before TES IV was announced.
So what do you guys think?