Spellmaking has nothing to do with it. The loss of Spellmaking is way too overblown around here.
And before you say it - been playing since Morrowind. Not new to Elder Scrolls. Used Spellmaking plenty, especially in Morrowind. In fact, it's one of my favorite parts of that game. It's not missed in Skyrim.
Also, before you say it - I'm not saying Skyrim magic is perfect. There are aspects of Morrowind (and Oblivion) that I prefer with the magic system. That said, as a whole, I prefer Skyrim's magic system.
Sure it is overblown when the one feature that ensured your economic survival is gutted.
Want everything dollars and cents?
Fine.
There never would have been a Daggerfall without spellmaking. Without spellmaking Arena is another dungeon crawler.
And that is the sheer truth.
No spellmaking, no Daggerfall.
No oblivion and no skyrim.
Spellmaking
is the series.
They removed it, fine.
Better have a very, very, very good TES VII, cause 5 did not cut it.
Want to get lost in the generics? continue this path.
I am not in the habit of giving eternal chances.