Is Bethesda open to the idea of remaking some of the earlier TES games?
I know every so often someone like me will come in and ask this very question, but i'm such a big fan of MW and OB that i'm really interested in exploring these earlier incarnations of TES, but i can't get past the dated graphics and such.
1. I hope not. Especially with Daggerfall. In my opinion, Oblivion is to Daggerfall what 2nd edition D&D was to 1st edition. Daggerfall set a certain tone for the Elder scrolls that I think got diluted with Oblivion. I DO like Oblivion but Daggerfall is more satisfying.
2. Oblivion is beautiful, no doubt. But there is more depth in Daggerfall. More options, and more importantly, more choices. This leads to a greater immersion in the game world. The learning curve is steep compared to Oblivion but the rewards are worth it.
Role playing gaming is pretty much all in the head anyway. Look at D&D - almost pure imagination with sparse graphics for inspiration. Get a good dungeon master and you've got a great game. Daggerfall is a good dungeon master compared to Oblivion.
If you really like role playing give Daggerfall a shot. Do some research about character creation and how to run the game as bug free as possible. The tag line "Prepare to experience your new obsession" still applies.