Nah.  Usually fantasy is divided in two parts: The current events & the lore.  Usually all the cool stuff is written in the lore, so there is a lot of material people would want to see.  But the main franchise's consistency would go into a sewer if it started bunnyhopping between time periods in history.  Maybe if Bethesda hired another studio to do spinoffs with the current Elder Scrolls tech, then I'd be down with that.  Kinda like how they did New Vegas with Fallout.  Spinoffs would be so awesome because then we could have the chance to visit all the cool moments in the world of TES without making it confusing.