Yup sure is, there's gonna be some pretty cool looking stuff added too. I posted a leaked trailer for it and it looks pretty amazing, check it out.
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The video is fake. Bethesda has already disproved this over on their own Forums. Also, Bethesda has a no-remake/remaster policy. If they were going to remaster something, they'd do Morrowind since that's the one that their own community is clamoring for more often than not. Troll post = troll.