Oblivion's menus were cumbersome and terrible because they were designed to be accessed with the console controller. I doubt that will change with Skyrim.
The article basically confirms that Skyrim will be the dreaded Dumbed Down Console Port, in all of its glory. It's hard to get excited about it now since Fable will probably have equal-or-greater-than depth when it comes to customisation.
We'll see. I'm more optimistic than that although I certainly can see and understand how and why anyone could come to that conclusion. Certainly my sense of "caution" has gone up a little bit here but overall I'm still expecting an awesome game.
I promise you this: When I get this game, if I fire it up and I see a bunch of BS you can count on me coming on here and making some noise.
The good news even on that is: We can count on the mod community to save the day ultimately.