So much dialogue and random NPC banter will have to be cut out if they want to voice act every single NPC like they to plan to do.

Egrets from Skywind here. We're really not cutting anything in that regard (or really in any respect). For lines that are very repetitive, we might reduce the number of NPCs that deliver those lines to avoid auditory fatigue and immersion issues, and some lines are being tweaked to avoid feeling too encyclopedic in their delivery, but our ultimate solution is just a ton of voice actors (hundreds, literally) and a lot of work to implement them all.

I also feel like Morrowind doesn't translate over to a Skyrim-style gameplay nearly as well as Oblivion does

Because Oblivion was arguably Skyrim-style gameplay already; not much to translate there.

If i recall correctly the Skywind team said on stream they have roughly 2-3 times the volume of written and spoken dialogue compared to edit: either Skyeim or Oblivion.

I agree though, I think there's an argument to be made that Morrowind in its entirety is perfect as it is, but that's why I'm looking forward to it even more than to Skyblivion. Really curious what they are cookin

Have you played OG Oblivion? Are you okay with it? Then don't buy the Remaster. It was okay, but it was still basically the original Oblivion in a slightly prettier wrapper.

It felt empty, clunky, and the quests were boring to me. I loved Skyrim and was expecting a similar experience, but it just wasn't anywhere close imo.

The censorship, it's basically an asset flip, it's Bethesda, it's $60 for an over decade old game