Lv10, I've got.. err.. three dragons down, I think (including the first one that's part of the story). I came across one guarding a dragon wall, took me two tries. The giants helped a little, since the dragon was stupid enough to land near them and try to roast one of their mammoths. I had one random dragon appear just outside of Falkreath, landed right next to me. Only that time I had a sword that healed me +5 every time I landed a blow, so it was slicey-dicey time. One of the town guards put a couple arrows into it, and after the fight he's walking back to the village complaining about how he's stuck on guard duty and nothing exciting ever happens.
That reminds me of another guard I saw. He walks past me and comments on my one-handed weapons. He says "Ah, you're like me.. can't stand those clunky two-handed weapons". And guess what he's wearing on his back? A two-handed great axe. Yeah.
The crazy part is that I've been playing the game for almost 14 hours and I've only visited two of the big cities and a couple of the smaller villages. I've cleared maybe ten dungeons out of 150+. Only two (non-story) dragons killed. Three shouts, only one of them has two words. Still wearing mostly steel armor with one or two iron pieces. I haven't even replaced the basic iron "Dovahkiin helmet" yet, I haven't found a steel one and I haven't leveled my smithing high enough to make one. Or even to make steel, for that matter. In other words, 14 hours and I've barely scratched the surface of what this game has to offer.
Oh, and it runs like a dream, and while the overall graphics aren't as technically impressive as other recent games, the art direction makes it visually amazing in every respect. And I've seen some screenshots that are downright jaw-dropping, of places that I can't wait to see myself.
This one's a shoo-in for RPG of the year, and a strong contender for game of the year, IMO.