It would be very interesting if they were to remake Arena in the current style. Same with (as someone else mentioned) Daggerfall.
Its a shame though, that the current style has the continent considerably smaller than it was in Arena.
As for the main point of this thread, I don't care what part of Tamriel that the next game takes place in. I just know that it will be both buggy and awesome at the same time. That's just what Bethesda does.
Also, I'm not well-versed with TES lore but where did the name "Elseweyr" originate"? Like maybe two Nords were having a drinking contest and one asks the other "where do cat people live?" And the other answers "elsewhere." Elseweyr?
i like the idea of wherever the kajiits are from. i don't know if the argonians are from somewhere close by to that too. but i think that after the last two games, it would be nice to get some ethnic flavor involved.
You know Blackmarsh seems like a good place to explore too but when you think about it, Argonians have the ability of breathing underwater yes? So that's most likely because they live some place where there's a lot of water. And if we have to swim...I hate the thought of encountering something nasty underwater. Slaughterfish...or maybe something worse.