I think the Soundblaster music makes the game feel more serious too, especially the "Snowing" and "Night" tracks. Unfortunately for me, dungeons lack music in this case (just bad ambience), and that tavern only plays that same evil 100 dB song, as well as the stores.
Also, what are your favorite tracks? Me...
-Snowing: A very ambient and beautiful track, I always think of it when it's snowing in Daggerfall.
-Night: Maybe that's the wrong name. It's that sad song in Daggerfall before you banish Lysandus' spirit. Reminds me of something out of Last Crusade, for some reason.
-Evil Tavern Music: Not the loud cheery one, but the one ported from Arena. Yeah, two are ported. Umm, the "dee, doodooDEE!" one. The one you don't hear in stores with General MIDI on.
Of course, I think we can mostly agree Daggerfall's music is all amazing.