Elder Scrolls Adventures would be a separate series from the main titles.
I for one think it'd be really cool, it IS nice not being an anonymous hero who saves the world once in a while, but instead an actual named character,with a story of his own.
Based on current events, you could perhaps take control of a Thalmor, and the game would narrate with depth the motivations and backstory of the group,with many conflicts,conspiracies and much more.
It would open room for character development, much more believable NPCs, immersive interactions between the PC and other characters [since he'd be voiced],cutscenes, etc...
There's just so much lore to the universe of TES, I'd love to see it being exploited further.