Oblivion is one of those games I played to dust. Skyrim, too, but that is another story. I still occasionally get the urge to install Oblivion and mess around with it. But the number of QOL and graphics mods mostly required to modernize it and make it somewhat enjoyable again become tedious to download, install, organize, sort, bash, etc. So I usually take a pass. I would be interested in an updated, with modern graphics, version where I didn't have to go through all of that. But my expectations for Bethesda actually coming through where it matters are low, and this would be for a once-in-a-great-while play, so I'm not sure it's worth the effort other than to reintroduce the game to a younger audience that originally missed out on it in its heyday.
I would really like to see Arena, Daggerfall, Battlespire, Morrowind, and Redguard remade and brought into the modern graphics era. Imagine Daggerfall with Skyrim graphics. Good stuff.