I'd like something more along the lines of the Daggerfall intro, so long as it's optional. The reason I like it, is because it adds RP immersion to the game, although I can see it being unwieldy with having to do it for both characters, so I'm thinking just the main character would be built using this system (if implemented).
http://www.youtube.com/watch?v=coNqRRqUNaIBe warned, the guy doing the voice over is obnoxious, but it's the only one I could find that used that particular character generator like I remembered. The other videos used a different system I didn't recognize.