Ehhh...don't be afraid of the Xbox version. The Xbox bug is rather rare. I bought Morrowind for the Xbox on release day, and have never had a problem with it....ever.
Now, it is a little different from some RPG's you may have played. I personally like it quite a bit. I probably have over 140 hours on it. Tons of different weapons, armor, magic, and you can customize your own magical weapons, armor, and spells.
Some of the quests are lengthy. And initially, travelling long distances can be tedious.
Some really great graphics. Sometimes, you just find yourself staring at the landscape/cityscapes/sunsets. Good weather effects.
Morrowind has one of the best musical scores of any game out there.
You can join different guilds, and take on tons of "side quests".
My opinion is, if you have an Xbox, rent it, and try it out for yourself.