I played the Beta for three full days this weekend.
After comparing it to the last year I spent playing it on my PC, purchasing it for the consoles is a resounding "Yes" in my opinion.
They adapted the UI for ease and smoothness, combat is fluid and "feels" like you're in combat. The Quests are as deep and numerous as you feel they should be in a game carrying the title of Elder Scrolls, the crafting is well done and requires going out and finding the correct materials (not waiting on RNGesus to gift them to you), the armor and weapons are varied and numerous... it's as great a game as the Pc version has evolved into over the last year, and the connection to the game servers is butter-smooth.
The story is deep and involved, and requires a hint of detective work to get moving in the right direction, but it doesn't hold your hand if you don't want it to. As I said above, there's a massive wealth of Quests, so deviating from the Main Quest and simply heading out to "play the way you want to" and to "live another life, in another world" is alive and well from the single-player series. For an MMO, you are able to move the story along at your own pace. The "Options" menu is full of ways to customize the game to your liking.
In short; this is a great game that Zenimax Online Studios has made, and it's a great adaptation for the consoles. Everyone who is a fan of MMO's, RPG's, and The Elder Scrolls franchise needs to seriously consider purchasing this game for their console of choice.
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Did they fix the multiplayer on it so it is more fluid?