The first episode of the second season of Lionhead's video diaries gives us our first look at Fable III in motion, showing off the combat, the weapons, and the extreme morals it takes to be a king.
Peter Molyneux sure gets excited about his creations, doesn't he? Look at him talking about the wing-sprouting expression about halfway through the video. He's like a kid at Christmas, all wide-eyed and ridiculously enthusiastic. Even if his games sometimes don't end up being what we've expected, you have to admire the guy's passion for what he does.
Be sure to read Crecente's interview with Molyneux for more innovation, more enthusiasm, and more exploration of the way Fable III is changing the game.