The Elder Scrolls Online - Announcement Trailer

I just found that Bestedsa Softworks has uploaded a video about their new online title, The Elder Scrolls Online.

This video decription says:

Following yesterday's long-awaited reveal of The Elder Scrolls Online, we have just released the game's announcement trailer. In development at ZeniMax Online Studios, this epic MMO is the first Elder Scrolls game to allow players to explore the series' universe with others.

Thoughts? opinions?

Youtube Link: http://www.youtube.com/watch?v=I6m9-Dret0U&feature=g-all-u