Ok... I'm installing the FOMM now - works ok
I've had some problems with FOSE though.... it seems to say it's a .7Z file and it can't find it... help please? 
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The .7Z file type is a type of compression. When you downloaded the file from the FOSE site, it comes in a .7Z then when you get it, you use your decompression tool of choice to extract the files that are contained within the .7Z file to the Oblivion directory.