Morrowind is a dream come true for any rpg fan, but if you mostly like to just slay monster, it's not for you.
Huge island to explore, superb graphics, lots of quests, lots of items and lore, tons of charechters to talk with, a lot of freedom to do as you please, and some nice dungeons.
The bad:
The sound could be a lot better, combat isn't morrowind strongest side (tough it's still fun), the AI really need improvment, the charecters sometime look funny, some minor bugs
In the end, if you dont have the time to talk to hundreds of NPCs and complete quests, and you don't find it intresting to explore those sprawilng dungeons and huge lands, than I guess you are going now right away to play halo/ unreal/ counter-strike or anyother shooter, and i'm with you! after i finish this little quest...