Fable III looks to be shaping up to be a very interesting game. Lionhead studios is adding things and changing things for the new game and I find myself looking forward to the time when the game is released.
One of the main things they've added for this new game is weaponry. Unlike past games where unique weapons were either legenary weapons of weapons with aguments the weapons in this new game evolve in appearence with you character and reflect whether you've lived a good or evil life. I dont know, at this time, whether they gain special attributes along the way or not but the fact that you can get personalized weapons for different characters is a big draw in my opinion.
Another big added feature is that of a new contient as the neighbour to Albion where the last two games have taken place. This new continent is a desert like place and what part it will play in the new game is unclear at this time.
You are also given a new ranged of interactions with the characters in the game chief of which is the ability to touch them.
Like the last game you get to chop and change clothes as you wish but this time you do it not in the pause menu but in your own building with your own butler to comment on the choices. You should also interact with the butler on otherthing as Lionhead Studios want him to be more than just a commentary feature.
The fighting controls will undoubtedly have changed a bit as will the game play but the main thing drawing me in at the moment is the list of people involved with the voice acting. Currently they have secured the services of Stephen Fry (likely to play Reaver again), Jonathon Ross (character unknown at present), John Cleese (as the butler) and Sir Ben Kingsley (as the King of Mist Peak).
Official website here:
http://lionhead.com/Fable/FableIII/Default.aspx