I was thinking back to Oblivion and I remembered a mod that would dynamically adjust your view distances, shadow quality and several other things to help maintain a good frame rate. I was wondering if anyone has thought of this for Skyrim? Yes, I am familiar with HialgoBoost but I have never been able to get it to function properly and usually end up uninstalling it within a few hours of fiddling with it.

Would it be possible to even have such a system for Skyrim? I mean it would be neat to have it adjust your view distances and even adjust the quality of your textures and shadows in real time to gain the best possible performance.