If no one sees it, there are no negative consequences? The guards won't magically know I'm carrying stolen goods and I won't be attacked by the original owner - as long as I'm hidden? And I can resell the stuff to whomever?

Well, I'd say there were negative consequences in Fallout 3. It definitely affected your karma.

Nope.

@TheGreatGuero said:

Well, I'd say there were negative consequences in Fallout 3. It definitely affected your karma.

Well yeah there's that.

But you know what I mean.

@AlexW00d said:

Nope.

Excellent.

Prepare to be looted, Skyrim province.

@nemt: I meant nope as in not like Fallout. I imagine anyway. They wouldn't make stealing redundant as that would ruin the thieves guild stuff. In Oblivion you had a fence who you sold your stolen items to to gain ranks in the guild. I am hoping it is like that again.

@TheGreatGuero: Am I wrong or there's no thing such as Karma in TES?

Some hired thugs showed up and fought me, calling me a thief. One was carrying a contract letter from someone named "Moira." Not sure if it was related to the petty looting I did here or there.

Actually, it works like this...

@Robo said:

Some hired thugs showed up and fought me, calling me a thief. One was carrying a contract letter from someone named "Moira." Not sure if it was related to the petty looting I did here or there.

Moira? She must be PISSED about the millions of people that killed her over and over in Fallout 3. Shit.

@Mikemcn said:

Actually, it works like this...

I love you.

@Mikemcn: That is way too awesome. Better keep a couple of buckets in the inventory from now on =P