No, it's the gameplay. It just isn't hooking me in. Here's how a day in Daggerfall goes for me:
I head to a shop and find a nice weapon I want to buy. Unfortunately, it costs a good deal of gold more than I have. I run over to the Fighter's Guild but they're all out of work right now. But I manage to find a man who seeks an item over at the Inn. He tells me to go to a dungeon that's probably miles away. Rather than exploring a beautiful countryside like in recent games, I instantly teleport there. It's a dinky little cave entrance. Hmm. Must be small. Turns out it was basically twenty of Oblivion's dungeons IN ONE. Three hours later I find the item. I take it back to the man but it seems my time has run out and I can't get the reward. But how lucky am I! There's a lady next to him who wants me to travel to ANOTHER dungeon likely bigger than the last! Five hours later I return to the shop with gold in my pockets. Oh lookie! Another cool item! I'll need more gold, won't I!
*Sigh*
Just not my thing. Maybe I'm missing something.