I dont recall in oblivion when you adjust your nose or chin every thing else slides like you describe. Funny thing is most people never even see their face at all when they play. Bethseda games are best in first person and your prolly wearing a helmet anyway. Yet I do agree a good face is good to have even if you dont ever see it.
I never play in first person. It doesn't look anything like what the world looks like through human eyes (no peripheral vision, you look down your chest and legs are not there etc etc etc etc). It's a fricken gun or hand with a sword bouncing on the screen. Absolutely
hate it. (I refuse to play any FPS).
So character creation, for a 3rd person die hard like me, can be a big deal.
Dammit I want this:
http://img.photobucket.com/albums/v122/demonhoopa/o_Terminator_1.jpg
:)