It looks pretty cool, the design and all, but there are several flaws, but understandable ones. First, you used a lot of materials on the sword, but the materials won't work in Fable, you've got to rely on textures, so you'll need to uv map it and give it a texture. This means you'll have to fix the normals on it, because I noticed it was backwards in several spots. You'll also probably want to put some smoothing groups on the handle to get rid of the visible faces on it. Other than that, it seems you're off to a good start, so keep it up!