Compared to these games I felt the magic system in previous elder scrolls games was a bit of a let down, most spells were just coloured blobs and you could even make your own coloured blob for a large amount of money. The point is it was magic that didn't really feel like magic at all. Just a blob you shoot to kill things, kind of like an arrow with a different skin.
I was playing might and magic 3 the other day (1993) and it seemed to have a better spell system than what was in morrowind as different damage spells behaved differently and it didn't just feel like you were shooting arrows with a coloured blob as a skin whenever you cast a spell.
Are there any plans to make it more interesting in Skyrim?