Opera 9 - Your Web, Your Choice
Oldblivion Documentation
Graphic Mods

Natural Environments; Makes Oblivion look much more realistic

Tamriel Vwd(view when distant); allows you to see distant ruins, forts, settlements, ect. Slows down game, but looks great.

Illumination Within; adds light to windows during night, adds realism. Big slowdown unless you get this, which needs this

There are many others, if you find good ones, post them here.
 
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