I never heard it said that way but I'm positive I don't live in the 'Good Old Days' like some of the previous posters do.
That being said I feel that Zeni/gamesas can do a better job on TESv. All they need do is learn from their mistakes, build from their successes, and put forward their best effort that can possibly do and than push for more.
Also I would like to point out the fact that none of ya'll here are even remotely responcible for the development for the tes series at any lvl. There could be valid reasons why they cut out certain aspects of previous games, like differences in the physics engines. Where as other changes are simply the result of having a different vissionary team in charge.