Maintenance for the week of December 23:
• NA megaservers for maintenance – December 23, 4:00AM EST (9:00 UTC) - 9:00AM EST (14:00 UTC)
• EU megaservers for maintenance – December 23, 9:00 UTC (4:00AM EST) - 14:00 UTC (9:00AM EST)
AFAIK, it does. ESO has "movement speed" and that base number gets augmented and/or penalized, depending. Swift buffs movement speed while being in stealth penalizes it, so the trick is to load on sufficient buffs to offset or even cancel the penalty.
I'm fresh out of outrage, but I could muster up some amused annoyance if required.