Like I said for some reason my character is clipping in the water so where I'm a few feet above it I can't see my legs or if I'm under it I can't see me head ect. Is there any easy way to fix this?

I figured out the problem guys. It seems the problem was caused by graphics extender v2, the fix is posted at their official thread it was just hard to find for me since I had to go through all my other mods to isolate that one since searching google wasn't giving me any results.

Anyhow if anyone else needs the fix go here http://www.gamesas.com/index.php?/topic/1102453-oblivion-graphics-extender-thread-16/ and look for Shademe's dll update.

Thanks for looking anyways.