I trusted them with Oblivion, and we all saw how that worked.
And how was it? That Oblivion turned out to be like Fallout??? That doesn't even make sense. And even a tweet by Pete Hines himself already indicated their stance on this matter:
No offense, but judging from the general tone of your posts here (and your choice of sig and display name to boot) strikes me off that your pessimism is just for the sake of being pessimistic. Chill out boyo. A break from any TES news would be best for you in my opinion.