Yeah what i like about morrowind is the crazy god like enchanted items you can find. There are even a few rare scrolls you can find near seyda neen that boost acrobatics by 1000 points, making you able to jump half way across the island.
Or if you get the wind walk scrolls from the stores, you turn invisible and can fly across the map at super crazy high speeds. Or another personal favourite, the boots of blinding speed (boosts speed an insane amounts, but blinds you completely, unless you got some sort of magic resistance like an Orc or breton does).
Also you can enchant some gear using the souls of real live gods (dont want to ruin it, but you can meet 2 living gods in the game, and can kill them and soul trap them, though the only thing that will take their soul is the azura's star, and then use that soul to make awesome weapons).
Anyway yes, have fun finding all of the crazy gear in game.