Wasn't there talk about 3-4 more areas? I can't remember.
That said, I find it interesting that Larian are actually Ultima fans, because their map design has always been very different. Everything is more or less pretty condensed/compressed -- more like the "theme park" school of design of modern games, in particular open world games.
So you've got those Druids being worried that those Goblins find them -- only that those Goblins actually just live a couple feet away from them if you further explore, and so on.
It is what it has always been though, and in terms of content I think this game will be pretty sizeable in the end.
The compressed maps as such are great as it means you don't have to spend ages running back and forth.
