» Wed May 02, 2012 9:11 pm
I'm going to make something of an off the wall suggestion, to consider maybe in a couple of weeks:
Spend $12 US (plus shipping) via Amazon, and buy the PC version that includes the Shivering Isles.
Why? Because currently there are over 25,000 mods for Oblivion. These cover everything from incredibly detailed companions with their own extensive quest systems, to separate quest systems that add more than 150+ hours of gameplay, to thousands of new homes tailored to different characters, to many new lands or new graphical textures, to all sorts of tweaks that make the game harder to play, or easier, or just easier to use. You can check out what's generally available on http://www.tesnexus.com/index.php, the best site for mods.
I don't recommend going for mods now. But once you've played for a while and looked at Nexus to get a sense of what mods can do, just consider this as an option. Mods really do ramp up Oblivion to the next exponential level--and though that sounds like hyperbole, it isn't.
Back to your request. I'd suggest that whatever kind of character you make, work up their Alchemy. Because Alchemy seldom fails except on the very lowest levels in Oblivion, and it can give you many of the effects spells do from all the schools. What's more, you can make potions with multiple effects, such as heal+regain magicka+regain endurance, and you can create potions that will poison or "curse" an opponent in battle. You can also sell potions and eventually turn a nice profit, buying cheap ingredients and getting back more for your efforts. And as time goes on and your Alchemy level rises, the return increases dramatically. Nothing approaches for making money without using cheats.