Finishing Hammerfell? There's no way of knowing, we're barely even starting the unique art aspects. And we have no capability to port this to the Xbox 360.
NEW MEMBERS: I'm not with TR anymore, so please stop PMing me. Just post your sample work in the showcase.
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The Morrowind province is made for the Morrowind game. It progresses slowly now.
For Oblivion, people will work on Hammerfell. If and when Hammerfell is finished, then it'll be on some other province.
The aim of Tamriel Rebuilt is to remake the whole continent of Tamriel for modern TES games. Modern being defined as "having an editor." But that's a huge project. It's doubtful we'll ever make a whole continent available for a single game. Maybe we'll finish Morrowind for Morrowind, Hammerfell for Oblivion, then, I don't know, Skyrim for TES5 and Valenwood for TES6...
You can still work on Morrowind. Of course, everything's still beta. But you can download OoT and EoT, for example, then make a small plugin to add the EoT stuff to leveled lists, and play Morrowind with more creatures and items and stuff.