You're not the only one behind the times. I only heard about it very recently myself. <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />
I am one of the few who didn't enjoy Morrowind that much. I loved the graphic. They were awesome, but I could never get into Morrowind's story. For some reason I could never find a real story connected with it. I played to about level 33/34 and finally gave up.
I thought Morrowing would have been a great multiplayer game since the world was so large. It would have given more meaning (at least to me) to have my friends along to talk to and do things with. I was really hoping that Oblivion would be multiplayer for this reason.
The graphics and all look really awesome. It sounds interesting and the NPC's sound like they will take on alot of character. Even with this, I am still not sure whether I would buy it because of the experience I had with Morrowind.