I thought 2K published Oblivion..?
2K Games did some of the marketing. It was a relationship similar to the relationship between id and Activision. Activision's name is on the box, and they market the title, but id funds the title and has complete authorial control. The point is that Bethesda, like id, is not beholden to the wishes of a publisher.
Regardless, Bethesda obviously believed that a turn-based, isometric cRPG would not sell as well as a first-person, real-time console RPG. Sales charts would not prove them wrong.
Are you arguing that profit is a justifiable reason to make a dumbed down product? I don't care how much money they make, Michael Bay films are a blight on American cinema. Likewise with the EA-model videogame. Its not as if Bethesda's Fallout 3 was the only way that a Fallout 3 could be profitable. Traditional RPGs and the franchise still have enough appeal to make a tidy, if not enormous, profit. NWN2 is the prime example, it didn't sell anywhere near as well as Oblivion but it made enough of a profit to justify an expansion pack and routine, high quality patches and updates. The point is that Bethesda valued profit above a quality product, and I don't see how that is remotely laudable.
still think it's a bit premature to call Fallout 3 an FPS. An FPS is an action game. A game that focuses on and revolves around action and more specifically, shooting.
First Person Shooter are action games, I agree. The action revolves principally around placing your cross hairs on a target and clicking until its dead. This is how combat is handled in Fallout 3. The only changes are that your damage and accuracy are character-skill determined and that you can have a recharging special targetted attack that you pause the game to execute. Combat will play like a first person shooter, most Bethesda games have lots of combat and Fallout 3 thus far looks to be no different, so it is not unreasonable to call the game a first person shooter.
An RPG is a game that focuses and revolves around meaningful high and low level choice.
And we all know how good Bethesda has been at executing that in all of their other games. Couple this with the "stellar" writing we've seen in the press demo, and it's looking increasingly likely that fans of Fallout 1 and 2 and CRPGs in general need not apply for Bethesda's outing.