Well this can be good and bad; All in all if they manage to keep all the aspects of combat and magic from the original game but just clean them up then this will be a game worth playing.
The entire world felt smaller; combat, skills and weapons were missing with each new game. Magic was almost entirely missing (comparatively) by the time Fable III came around, that just made the game so stale. I had never seen a developer somehow make less of a game with each new one, so guess it was a learning experience.
Oniresurrect's comments