I thought I'd add my point.
I loved Daggerfall, and Morrowind is just my favourite RPG ever. Fallout is number 2, but Morrowind is ace. Bethesda may need a fair bit of work with the dialogue, but I believe they'll try and satisfy the fan, and they'll do well by us.
I don't really understand what the fuss is with Troika, I've only played Arcanum, and although when I first loaded it up I went "It's Fallout" the dialogue isn't any better than Morrowind's, every NPC is completely forgettable and I skip through alot of the text merely because it's fairly nondescript. Don't get me wrong, I really like this game, but it's no Fallout.
And I don't see why we should base what some company has produced in the past with what they will produce in the future, yes Bethesda has mainly done first person RPG's, but that doesn't mean they won't do a good, faithful Fallout. All you people saying "I feel sick" and "this is the worst thing that can happen" should remember that even if BIS reformed with the original team, we would probably be disapointed with the end product, because our expectations are so high. Just see what happens, and remember, it's only a game. If it's rubbish, just go back to the first two.
Also, do you really think they'd mess it up knowing all you are out there with bats, clubs, and Bozar's? Really?