Sorry to all the WotR fanbois :O, but I think this will be a better game than that, for me the M+B series is about gameplay and less about looks, looking forward to this but i don't think it should be called a trailer, it's just an official announcement video. I Hope that's it's exactly like M+B warband but just improved gameplay. WotR may big a 'big thing' but it's focused too much on graphics and last time I played it was far too slow and sluggish and the fps rate was terrible.
If the graphics are average but gameplay good I'll be happy, but if they go down the WotR route I won't, I hoped that WotR was going to be a good game but frankly I'm disappointed to put it nicely. Though I agree the name is rubbish.