Even though this game sounds great, I'm not looking forward to it. Don't get me wrong, the Elder Scrolls is a great series, but transferring it to an MMO...I don't know, I don't like the idea.
They have some cool concepts, but it seems they just a repeat of other MMOs that have failed. For example, I don't remember this games name, but if your would to be the top of the PvP scoreboard then you would have a bounty on your head and you could control the time of day and the weather. Anyways, that game didn't go so well (well IMO). Kind of the same concept with the emperor, but without the pluses. I also think that the emperor thing is going to ****** some people off and then comes the rage quitters.
Another thing I think is repetitive is the whole "army vs. army" thing for the empire. In my opinion, its a copy of WvWvW in Guild Wars 2 (although GW2 is a very successful game).
One last thing is that I think that most, if not all, the classes are going to be OP and get nerfed a lot where people are going to upset at. I mean, the whole "free form" class thing like in the series is going to lead to problems. Example: if done right, a person playing one of the consle games can make a mage with all there DPS spells and with a high defense rating. If this can be done in the MMO, then all hell will break loose in PvP. You will get people to rage quit the game and if you nerf that "class", then you have people quitting the game because they worked so hard on the character they just dumb down and don't want to spend time making a new character.
I'm not bashing on the game in anyway...well not trying anyway. I'm just giving my opinion on how the game looks so far and predicting on how the game is going to play out once it release, but most of the time I wrong when trying to foreshadow events

I might just actually play maybe after couple of months after the release. With the ol' saying goes, "Don't knock it till you try it!"