Looks somewhat interesting. I've not played Oblivion (and it makes me a little uncomfortable when a company refers to a game as being similar to one already released) so hopefully this will give me a taste of gameplay similar to what a lot of folks seemed to enjoy.
My, the Dark Fantasy genre really is getting it's work cut out for it lately.
The last bit sort of automatically translated into "We'll add more equipement and additions to the map as time goes on" sort of thing. Either way, looks like something which is worth keeping an eye out for news on.