Elder Scrolls IV: Oblivion Interview

ComputerAndVideoGames.com had the opportunity to fire off several questions to Bethesda's Pete Hines about their highly anticipated RPG, Elder Scrolls IV: Oblivion. One question about Fallout 3 was snuck into the Q&A, though:
And finally - how's Fallout 3 coming along?

Pete Hines: We've got a lot of folks working on that game now, and what I've seen of it so far is looking really good and has me very excited - I'm a big fan. We're approaching Fallout 3 as if we developed the first and second games - we're developing it just like we developed Oblivion. Fallout 3 is our baby, we want to stay true to what it is and we want to deliver something that all the fans think is worthwhile. We're trying to move the series forward, keeping it fresh and cool while staying true to its roots. When we're ready we'll let people know, and hopefully people will be excited about some of the ideas we have and some of the stuff we're up to.