Bethesda does it again, they've created another epic RPG and it's been done quite well.
Gameplay: The combat system is certainly a huge change in the gameplay aspect of the series and it's a change for the better. Attacks now base themselves on placement rather then stats which is a nice change for the more casual fans and it works quite well, most will be pleased. Essentially everything you wanted from the previous title (Elder Scrolls 3: Morrowind) has been addressed with only minor issues being untouched. The combat itself is a great change but still lacking perfection (though still great) compared to other games released.
Graphics: The world is stunning, beyond belief! After entering the real world you are left breathless. Downside? There are 'some' graphical flaws but the beauty easily shines through.
Sound: No more text, a huge change from Morrowind. The voice acting is all really well done with plenty of it. This change is certainly for the better. The music is as you'd expect from an Elder Scrolls title, very fantasy-esque and all done extremely well.
Value: While I havn't yet beaten the main quest, I hear it's supposed to be 20-25 hours long which may be dissapointing to some but the developers boast over 200 hours of content on one file which is certainly enough to keep anyone busy. With the customization of the game one may certainly choose to make several characters and replay the game with many different skill sets which can add up to well over a thousand hours of entertainment, certainly worth the price.
Overall it's an excellent title and certainly worth the wait. This game will keep any RPG fan entertained and I would expect many awards to follow in the future. Gameplay is nearly perfect, same as the graphical details which is the only thing this game lacks from being perfect but the glory shines through that bit of negavity.