That's because the character in the E3 demo was wearing heavy armor and a larger sword, shield, and bow. He did have a speed attribute of 90, though, which made him a bit faster. Notice he wasn't
running around in the forests, he was walking and looking at the trees and stuff.
I might have to wait on my Xbox 360 purchase. Maybe by a month...
My math exam will be coming up in January, but I don't think I'd be able to go this christmas break without Oblivion.
I might just get it a week or two after 360 comes out, or when Oblivion launches.