No, for a few reasons:
1) Possible mge and mod incompatibilities (mge allows great customability)
2) I think some of the appeal is the nostalgia of the dated engine and physics, which is why I have never even
thought about using Morroblivion.
3) Text dialogue! I prefer text to voices because a) it's faster,
no annoying or repetitive voices, and c) you don't get weirded out when a mod has no voices
4) They probably would include animated grass. I HATE animated grass. To me, it just doesn't fit in with Morrowind's atmosphere. That's why I use my own (static) grass mod.