I mean this in an ecstatic way, I won't go into the lack of magic items now, just the overall design of armor/cloths, the patterns the cuts...etc.
personally I would love to see much more creative things, I would love to see robes and capes that "flow" and have awesome ruins and stuff on them and maybe some light armor pieces! chain robe!!
all the weapons/armor/cloths in Oblivion were too "normal" and uninteresting.
they should really try to spice things up a bit this time especially for high leveled items, robes in oblivion looked like things my grandmother would wear, I mean honestly!
what do you think!?