At 1:43 of the new trailer the player is charging up a spell. I appears as though it is coming from both hands. Is this possibly what happens when you equip the same spell to both hands? It is very DBZesque to me, and I like it!

Lightning style kamehameha...I, this game would be the last game I would ever need to buy. I really hope its like that.

That's what they have said you can do. Right now you can only combine two of the same spell I believe, no multi effect spell from two different spells. We will still be able to cast each hand independently I suppose...a summon and fire spell for example.

I am not certain what he's casting though, it almost looks like a fire shield to me.

can someone link me the new trailer

spell creation is still there right?

No

It's in the first post of the "Discuss the New Elder Scrolls Trailer" thread: http://www.gamesas.com/index.php?/topic/1169211-discuss-the-new-elder-scrolls-v-skyrim-trailer-here-thread-4/