He brings up a menu, pausing the game world as he makes selections and assigns things to his hands, at which time the game world unpauses. This pause, for me, would get old quickly. So I'm hoping there's a better way.
Potions, shouts and more. There needs to be a quick way to assign these to readily-available hotkeys.
The PC will have ten hotkeys, the Xbox360 and PS3 only two. There's no real way around that. While we get a theoretically "Unlimited" amount of "Favorites" because of lolcontroller, the compromise for that was locking out more options for the sake of Navigation.
I don't mind it so-much, simply because the Dpad hotkeys always svcked, usually selecting something I had no intent of equipping at that time. MS's Dpad is a travesty though.
Just for the record too, Todd had Health Potions hotkeyed to at least one slot. Not sure what was in the other, I think the basic healing spell. It won't pause for the actual hotkeyed selection, but it's limited to your Left and Right hand (Or consumable). That will probably be the most annoying hurdle if you want to really switch loadouts on the fly. Limiting what you have to six (Three per hand) is a theoretical solution, but it's still just a panacea. Nothing permanent, just slightly less irritating.