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Graphony in Morrowind isn't that bad to begin with, and if you want, it can be easily fixed with mods, of which there are plenty on Nexus. But the gameplay is overrated. I started it twice and dropped it both times after about a third of the main quest, simply because I got tired of having to kill every single creature for an hour, because out of ten attacks with any weapon or magic, only two would hit. There are some good ideas, and I would like to see some of Morrowind's features in Oblivion or Skyrim, but the tedious combat system should be reworked, like in Daggerfall.