Seems like it fixes my biggest complaint about the previous ES games, which is that this game is actually FUN. Had a blast running around and smiting shit. I'm doing single weapon and magic in the other hand, which seems like a good way to do a little bit of damage to enemies before they close. Plus, burninating shit never gets old.
Also, you can totally tell that Bethesda has learned a lot from the Fallout games and that has translated into a better frpg in Skyrim. Game is shit hot as far as I can tell and I suppose I'll be spending stupid amounts of time playing it. And yes, 360 pad is the way to play this game; tried m+kb and pad, and pad is just obviously how they designed the game.
Weird anecdote: the GS in my podunk mountain town had EASILY more than 100 fucking people there to pick this game up tonight. Not shitting, I should have taken pics.