I have to say that i do not posses a Dx 11 GPU yet, but i would buy one tomorrow, to make a game like TES 5 run properly.
Still i fear the console compatibility, that would mean a Dx9 game with SOME Dx10-Dx11 effects....
I hate consoles.... they keep pc graphics buried alive.
I would like to have great woods, mighty castles, blue skyes, shining lakes, acient ruins, to explore once again..... To loot, to claim as mine, to burn.
And i think that some ruling options like the ones from fable 3 would be good.
Of course if an MMO is in the making, i fear for all this things.
Would a TES mmo be bad? Probably not, but at the same time it won't give me that epic experience i am looking for. I want to change the world i am exploring, in my way, and i fear an MMO would never allow us do to that.