Skywind is still getting regular updates and it's pretty impressive, but as the video I posted earlier also argued in length, a great part of what makes Morrowind such an amazing RPG is the engine, a lot of the mechanics will not survive into the remake. I personally prefer even the graphics of the old one, Morrowind has probably the best aesthetics of any game out there and that greatness in visual design not captured since the era of the classic RPGs. It starts out seemingly bland with Seyda Neen and Balmora, but then you come to Sadrith Mora, Ashlands (personal favourite), Molag Amur or Ald Ruhn, or see some of the incredible dungeon designs (many needing levitation spells to explore). It also has the best looking armors and clothing and best equipped NPCs of any RPG, in my opinion.