You can watch the trailer here. Personally I may not buy this one, depending on development... But it doesn't seem like the bethesda games we all love and enjoy. HOwever it does coincide with Shinji Mikami, who was responsible for Resident Evil, and Resident Evil 4, and yes he is working on this title. But still may not... I'm not a resident evil person anyhow.
I will wait to see actual gameplay before I decide on this. If it is a survival horror game with the Bethesda touch it could be very interesting.
Bethesda taking a new route could be cool. And like Nightshade said, I gotta wait till real gameplay comes before saying I'd get it. Looks interesting though.
I am very interested. The RE series has gone far astray and this may be an instance of a designer getting to hook up with a studio who will actually give him the freedom to create the game he wants to.