So I have this evening spent an age turning Oblivion into more of a technical exersize than an RPG and installed OBGE and Vilja and some hi-rez textures and some other stuff.
just... wow.
OBGE does make it look awesome - (admittedly I am using hardware Occlusion) - but it looks phenomenal and Companion Vilja is great!
And I found a real good bow sway mod that actually seems to work really well.

Welcome to modding.

Actually I have already modded the cr4p out of it but this is a quantum leap...
...seriously...

* Obi Wan voice* "That's good. You have taken your first step into a larger world."