Bethesda has made great sandbox games with RPG elements, but not real RPGs in any real sense of the word. Anyone who used to PnP, MUD/MUSH/MOO/et al., play SSI gold box games, etc. know what good (C)RPGs were about.
Dungeon crawling without any real purpose does not an RPG make. What did Fallout and evey other good RPG have that Bethesda games don't? A real storyline and real character development that's the CORE of the game. Bethsoft really just makes hack'n'slash simulators. I've never enjoyed any of their TES games, and definitely come in on the side of FO3 sucking. I can't see them bringing anything new, much less good, to the MOG market.
"Well that sounds like fun times, Peter. Tell me...where does James Woods fit into the "fun times"."
- James Woods, Family Guy
"You have enemies? Good. That means you’ve stood up for something, sometime in your life."