I'm curious why anyone would want to dumb down a game that at some level is intended for us play a role. Having the option to play a character who crafts his or her own weapons and armor, or wishes to create potions, scrolls, or to enchant those same weapons and armor is, for me and many others, very important in a(n) AAA game.
As for the presence of player homes and romances, Why not? I am not inclined to indulge in either, myself, but having the opportunity to do so is probably a good thing.
Possessing an endless inventory system means that the game is merely another shallow action shooter or hack em up. There's enough of those being produced these days.