Homm5 is expected to be released in Q1 2006, along with another game using the Might and Magic brand. Who will actually make the game remains dark at this moment: Nivel was mentioned some time ago, and Ubisoft appeared to be doing some designing a year ago or so.
Daggerfall, Torment and Freespace: you do have good taste.
I would have mentioned Gothic, but you already know that one. Maybe the games from Spiderweb Software could interest you? Their site is available
here; Blades of Avernum, the Avernum trilogy and the Geneforge games (especially those ones for a stranger universe) to be more specific.
And you said something about "Daggerfall remake": is it wishful thinking, or is there actually a game that tries to remake Daggerfall?
Oh, and I almost forgot: there is another Babylon flight-sim available if you like Babylon. The address is
here, and the downloads are available on the right of the page. Be warned though, as this one is rather different (and harder) than Freespace (who forgot to put armour on my Starfury?).