For such a bad game, I must say, I spent a really really long time playing it. I never realized it was so bad..
OK Quick Review..
The bad:
* The world is massive, but there are invisible walls.. wandering around near the edge of the game world and you'll get the You cannot go any further message.. jolts you out of the game somewhat.
* The conversations, OK, it's been done to death, the voice acting isn't great sometimes. I Prefer the Mass Effect way of doing things. But when you consider the sheer amount of dialog going on in this massive story, It'd take incredible voice talent in large quantities to pull off a believable world, not to mention if it was all done with cinematic cut-scenes. They did their best with their budget. It was believable enough.
The Good:
* I actually liked the leveling system, it didn't just pit harder versions of low level baddies against you (as such), it was harder baddies.. which to me slotted right in with the story, the world in peril, evil taking over the land and if you took too long, the evil's gonna get stronger right?...
* The map is massive and you can discover so much just by wandering around. I've still not seen everything. It's a beautiful place to get lost in too.
* The combat and magic systems are pretty good.. they take a little getting used to, but I think the only people who will complain are the twitch gamers when they run out of mana and can't shoot fireballs anymore. Put a lot into this game, you'll get a lot out of it.
* The story, it's massive, it's layered.. there are factions and you get to choose how you tackle the story. The main story arc covers about 25% of the available missions. You get plenty of time to get great stuff, make great stuff, discover great stuff.
* It's involving and the graphics are great in my opinion. I didn't like the graphics inside an oblivion gate, not because they were bad.. because they were disturbing.. the sticky blood covered stone in particular.. so I just put some night eye goggles on, turned everything blue.. sorted!.
You can get all this on budget now?... Get it, give it a chance.. If you hate it, you've not lost much.