This game has potential, they're simply trying to give people what they have been asking for. I'm not so sure they can deliver the perfect blend of the Elder Scrolls and the MMO genre, but I'm willing to let them try. It's not like the franchise will ultimately suffer if this game fails to deliver.
Exactly and in all honestly, I'll probably just play the game solo for the story. Public dungeons also sound amazing, its the part of the F2P Asian MMOs like Maplestory that I used to love.