03/30/12 - They have reissued the original Arena and Daggerfall as free downloads on their respective (10 yr?) anniversaries, but I can't imagine they'll want to attempt to "remake" them. They've said before that they have plenty of lore content available to draw from for future games. I'm looking forward to seeing whatever they'll do in the future in whatever Province(s) they choose.

03/30/12 - I can’t speak for the developers over at Bethesda. I’d suspect you might see some fans try and remake earlier games as an “homage” using Skyrim’s game engine via modding, but that’s pure speculation on my part….