Looking forward to Skyrim as well! For me the elder scroll's are more about the emersive environment and sandbox play than graphics. Sure they are also pretty eye candy but the game itself has just always rocked.
Other game is Star Wars: The Old Republic. Quit WoW, tried Aion, went back to WoW, tried Rift, now just waiting again. Like Skyrim, I loved the story and gameplay behind Kotor and looking forward to an MMO that offers that same feel!