Bethesda's Next Title: Elder Scrolls MMO?

According to a report by gaming site VG247, Bethesda's lawyers let slip in their lawsuit papers against Interplay's Fallout MMO, that they have been working on a "World of Warcraft type MMO" since late 2006, leading to believe that it's no other than the much rumored Elder Scrolls MMO. Bethesda-ZeniMax remains mum about this matter, but we'd like to hear your thoughts on this!