Eve Online sounds like time-suck Online to me..
Which is precisely what keeps me from playing most MMORPGs. I like the concept, but I just don't have the time/ability to spend "chopping wood", so to speak. The more I read about Oblivion, the more I think I'm going to give it a shot. At least I can play for a few minutes here and there and save my progress as I go. Besides, it's hard to read a thread like this:
http://www.elderscrolls.com/forums/index.php?showtopic=311724
And not want to see for yourself! =)