The update looks good to me, or good enough, at least. The one thing I'm disappointed not to see is another epic book, but I wasn't sure there would be one, considering the way book 6 ended.
I like the idea of the skirmish. Like someone else said, the Gwyllion story ended pretty abruptly, and I've been waiting for a follow-up for a while now. There have been hints in the game for some time now that we'd eventually need to scale Methedras and confront her, and when we didn't get such an instance in the Dunland instance cluster, I was disappointed. Sounds like the skirmish will take place in an all-new setting, too, which is neat. And we've needed some new skirmishes for a while. So I'm pleased.
I'm looking forward to the Fornost revamp. Fornost is an old favorite of mine; it's a wonderful setting and a good instance. The only problem I ever had with it was that it was so brutally long... I remember it taking three hours minimum on-level. While I'm not a fan of breaking up instances in general, Fornost is probably an instance that needed to be broken up. I'm looking forward to seeing what the new instances look and play like. And I'm very happy to have four new 6-man instances to take my kinship through; we've been lacking on 6-man content since ROI was released.
The Moria update surprises me. I'm one of those who has a love/hate relationship with Moria; I really like Moria, but there are certainly issues that could stand to be fixed. And while I may enjoy Moria, I know there are many, many people who don't. Given the quality of the Evendim update, which I think was the most recent update, I think the Moria update will be good. I'll have to run a character through Moria at some point to see what's changed. The visual changes to Moria are intriguing as well. I think Moria looks great as is, but certainly, LOTRO's graphical quality and world design have improved since Moria was released, so I'm sure there are things that can be improved.
One thing I have to ask: will this be a two-part update? It sounds like only the western half of Moria is getting an update. Will the eastern half be getting an update later on?
While we're on the subject of updates, by the way, I'm going to put in another vote for a Trollshaws update. I don't think any zone needs an update as badly as the Trollshaws. There are so few quests there, and so many places many players probably don't even see, and the lovely ruins that dot the northwestern canyons are so underutilized. I would love to see the Trollshaws redesigned to make better use of its potential.