Debuting to the world at the Spike TV Video Game Awards with a teaser trailer showing no actual gameplay, The Elder Scrolls V: Skyrim didn’t need more than that to become the most buzzed about game ever since. After all, it is the next installment to a consistent award-winning and game of the year franchise.

As the weeks went on, the news has been trickling down, first with Skyrim screenshots, then with information about the new menu system, art design, the Elder Scrolls dragon concepts, new perk trees, and of course, mounts. Bethesda made our day yesterday however, with a countdown timer to when they’d release the first Elder Scrolls V gameplay footage and that time has now come.

You’ll notice that one of the most notable scenes from the trailer is the Dragon Shout, a new Elder Scrolls 5 gameplay feature which lets players learn shouts as skills, making your voice the ultimate weapon against the flying fire breathers. It is your birthright after all, Dragonborn.

Watch and enjoy the first gameplay trailer for my most anticipated game of 2011:

httpv://www.youtube.com/watch?v=ZV2Jx4AQWeQ

A lot of the scenes are interspersed with the non-gameplay video which narrates the backstory of Elder Scrolls V while panning over hieroglyphs from the Skyrim announcement trailer, but the rest finally gives us a deep look into what to expect while playing Bethesda’s next major release.

The cities, villages, natural environments look incredibly, accentuated with beautiful lighting and appropriate Nordic weather. As one would expect, there will undoubtedly be countless caves and other areas to get lost into while exploring the land of Skyrim.

How does this compare to Oblivion and Morrowind? We can’t say until we get our hands on all of the new combat and try out  RPG elements which completely change how your character evolves throughout the lengthy and epic story. From the gameplay shown here, there seems to be a quite a few instanced scenarios, a la Call of Duty, where from a first and third person perspective your character performs actions you cannot normally control, so we’ll see how that plays when we see more.

[Update: For a thorough analysis and our thoughts on the video, check out our Skyrim gameplay trailer breakdown.]

The Elder Scrolls V: Skyrim releases on November 11, 2011.

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