First, it will probably be equal to Oblivion.
Second, I don't get the fast travel thing. There are plenty of mods that prevent its use and you could just not even use it in the first place. If you can't restrain yourself from clicking yes on the fast travel prompt, then you probably shouldn't complain about it. Though alternate forms of transport would be nice. I would prefer those that let you see where you are going, even it is on a ship or something.
It's not a case of "Don't like it, don't use it", the game was designed around it. The same way that many feel the compass ruined a lot of the adventure and simplified the questing, even though you can mod it out, the quests are designed so heavily around it being there that it's almost unplayable. I have no issue with fast travel, I do have issue with the game being designed around using it.