I honestly can't understand why some didn't like Oblivion, I think this minority are the types that really need hand-holding in games and are quite incapable of finishing an open-ended game. (ADD perhaps?)
Fallout 1 and 2 were both open ended games, something Bethesda is very good at. Forum geeks can argue all they want but the fact remains that the Elder Scrolls series sells like hot cakes. Obviously quite a few people are finding it to be an enoyable experience. The bugs in Oblivion were non-existant for me, the gameplay issues were easily fixed by the fantastic community the game has, wouldn't it be nice if all games had a community like that?
Look at it this way...Bethesda is -very- serious about reviving the Fallout franchise, or else they would have just made their own post-apocalyptic IP, much like they did with Elder Scrolls. You're also kidding yourself if you think anyone else would have touched this. Bioware/Obsidian is too busy with their hands in all kinds of projects. EA as we all know would do a really bad hack job of it. Who does that leave really? Fallout 3 would still be dead in the water.
My only concern is that the violence, sex, and drugs remain. The original games had so much of them it would have given Jack Thompson a hayday if he wasn't too busy chasing ambulances back in the 90s. I have fond memories of my porn star kick boxer that could gib men with a single kick to the groin.
Let's hope they shoot for an M rating with a devil may care attitude.