User blog:XvLIGHTNINGvx/Skyrim's Weapons Will Not Degrade Over Time

Weapons and Armor will not degrade over time in Skyrim. I think it takes some realism away from the game but they said that they would rather you "Create and improve items" rather than spend time making sure your weapons are 100%.

http://pc.gamespy.com/pc/elder-scrolls-v/1191028p1.html