I already believe it will have planet to planet travel space travel without loading screens, like No Man's Sky and Star Citizen, with multiple star systems to explore, multiple key cities and other hand-crafted locations, but with a heavy reliance on ground-breaking procedural generation tech to fill out environments in-between classic Bethesda "dungeons" and POIs on planet surfaces (that you can traverse absurdly fast between in a space ship anyway, so POI distance can be crazy high).
So yeah, count me in the certified hype category. I know I'm setting myself up for a potentially big let down, but I believe in Todd.