I'm deciding to take another crack at Oblivion before Skyrim drops this November. I have a decent mod list I would like to install but first and foremost, I wanted to get OBGEv2 up and running. I downloaded and installed both the Core and Shader files but when I load the game, I see absolutely no graphical change. Furthermore, the plugin DOES show up in my inventory. When I click on it, the box pops up reading that the plugin will open when I close the inventory screen (also, a tiny ([looks like a graphical glitch] circle shows up above my inventory for some reason). Yet when I close the inventory screen, nothing happens.
My GPU is a Geforce GTX 570
I have created a shaderlist.txt file and loaded a few of the basic ones into there but still nothing.
I have no other mods installed--this was the first I was trying to get running.
I'm also running a steam version of Oblivion with the newer version of OBSE (0019b) that requires you actually launch the game through Steam itself.
I'm really at a loss---I'm probably missing something really stupid since everyone else seems to have this up and running in no time. Any advice anyone could provide would be much appreciated! Thanks in advance!