I'm not a Skyrim fan, so not really excited about this new MMO just because its based on Elder Scrolls. Its made my "new games to-watch" list though, because its a single player RPG dynasty, that has decided to step into the MMO ring of death.
To me, that means either they have something really fantastic in mind, or ... well, I can't see how any company would jump into the current supersaturated WoW-clone market without a good design plan in mind. GW2 proved it can be done, but do take note that Anet is starting to buckle to those screaming for the standard faire of MMO end-game design.