The lore makes this game very, very interesting.
However, if it is a generic third person MMO, it'll hurt the franchise more than help it. I'm just glad Bethesda is not making this, they are focusing on Fallout 4, a different dev team is making this.
“Anna, my strong, terrifying Anna.” -Cas
"You lack the requisite spine and testicular fortitude to study under me" -Elodin