Well i just got this game and its somewhat like oblivion ( first person and all) and its a good game =). You can raise a army.. Trade, Escort Traders, Fix your Rep with the 2 main factions Vagir(or soemthing like that) and the Swaidians, Buy weapons, horses, do quests, and there are TONS of great mods.. right now i have the 300 mod installed. You can get a trial here where you can play till your lvl 6 then you have to buy a serial key
Yea, M&B is a great and innovative game. Looks amateurish but behind that there is a lots of fun, a really impressive combat and riding model, certainly not like those moto-horses in Oblivion.