No steeds in Morrowind, its kind of a disappointment after being able to have your own horses, carts and ships in Daggerfall, but at least you have the Silt Strider, Boats and Teleports to travel long distances.
The walking speed its for the most part just a problem on the beginning of the game, later on, your skills raise and you get hold of some gadgets that will make you forget about it.
__________________
|