anjohl: Fallout 3 hammers, pummels, and demolishes the shit out of Fallout 1 and 2. And every Fallout fan knows this, they are just clouded by their nostalgia.
Perhaps you're right. Every Elder Scrolls fan certainly seems to think so.
anjohl: Regarding New Vegas, I am waiting to finish Fallout 3 and all expansions, and for the Ultimate Edition. I have my expectations set very low, since NV was unfortunately developed by the "Sloppy Seconds" developer for hire Obsidian, known for such messes as NWN2, KOTOR2, as well as containing staff involved in such debacles as Dark Alliance II and Fallout Brotherhood of Steel. Basically, Obsidian are brought in by a publisher wanting to capitalize on a critically acclaimed game with a sequel, when the original innovative developer wants to move on. Obsidian reuses the engine and code, often as much as half of the original game, and then slaps a new "story" in there. Instant profits.
Say what you like about NWN2 and KOTOR 2 (personally I think they're good but that Obsidian has improved quite a bit since then) but F:NV is an entirely different story. Rather than "a publisher wanting to capitalize on a critically acclaimed game with a sequel, when the original innovative developer wants to move on", I believe F:NV was made because Obsidian asked for permission as they wanted to make a Fallout game. Bethesda most certainly does not want to move on, hence why its "Fallout: New Vegas" not "Fallout 4". Actually, many of the members of Obsidian are the original developers of Fallout 1 & 2 so its not really "sloppy seconds". One could go so far as to say that more describes Fallout 3, as Bethesda was more or less brought in to capitalize on a critically acclaimed game with a sequel.
Nevertheless, I enjoyed Fallout 3 but I thought it was rather flawed and repetitive and I lost interest rather quickly (as I did with Oblivion, though I'm tempted to try Skyrim). Fallout New Vegas is great but honestly may not be your kind of game. Its much less open world and more similar to the older instalments that I'm sure are currently clouding me with nostalgia.
EDIT: Regarding the actual topic, I really hope its not a mere rumour. Obsidian is the only developer I would trust to make Icewind Dale 3.