1- I've heard not-so-good things about the number of glitches in the console version of the game, specifically the PS3 version. Apparently the game starts slowing down once you reach a certain point in the game. It's only natural for Bethesda games to be released unfinished, but it's still annoying and I want to wait until they iron it out.
2- Don't they usually release a GOTY edition later with all the DLC? ;)
So, yeah. That's why I'm not exploring Tamriel at this very minute. Just thought I should let you know.