I think the morrowind vs oblivion/skyrim is a lot like Fallout vs FO3/NV. You will like whatever one you played first the best. Each of the three ES games hast their good points and bad points. Morrowind story wise and quest wise is varied and interesting. However, the menu and controls are blarg. Oblivion is a mix between Morrowind and Skyrim, the quests aren't as varied, but still interesting, however the graphics and controls are way better. Skyrim is super super pretty, but the quests aren't as varied, it's a lot of, "fetch this, kill xn of that, cause yeah". However, I like Skyrim's build system a lot.
I first played Oblivion, then Skyrim and then Morrowind. I wish I had gone in order bc the lore of the ES is HUGE and I find that I missed a lot of fun, "omg I can't believe they referenced that" or "So that's what happened" since I didn't play them in order. Makes me sad :(
I just downloaded Morroblivion, which uses the oblivion engine to run Morrowind and I am like it so far, though there is a bit of lag. Ok, no, there is a lot of lag, but my computer is not so awesome. You can look into it
here.
Be aware, you must own Morrowind plus the dlc and Oblivion plus Shivering Isles for this to work.
tinyE: I prefer Morrowind because it's the only one I can max out the graphics on without fear of losing my FPS.
That and Oblivion has too many damn caves and mines!
that is what makes it awesome. spelunking for the win!
Zookie: I have never really gotten into the Elder Scrolls games but would like to give them a shot. Occasionally I will read people posting that Morrowind is the best of the bunch. That surprises me as people seem to rave about Skyrim when I ask them about it. What is so good about Morrowind that makes it stand out from the rest?
F4LL0UT: Oblivion also dug its own grave with enemy scaling.
see now I do not understand people not liking enemy scaling. what is the point of progression if you can just one-shot everything? I like being challenged in later game with scaled opponents.
And everything else you said about oblivion was wrong too ;) It's my favorite, however it was also my first ES, so yeah, like you said, nostalgia...