Well, I haven't played for quite a bit, I'd estimate around a year, but now that my desktop is back up and going, I am going to get back into Oblivion.

So, what I am asking you, the Mod forums is, what are some good mods from the last year or so? Anything that is improved by FCOM would be appreciated, for I am going to use it for the first time this play through. I do know how to install mods, be it simple ESPs to the more complex ones. Some that'd stand out that I'd want would be lore friendly races(Or at least believable in the game world), quest mods, good housing mods, armor sets that are armor, and not two pieces of cloth, and magic related mods.

Some mods I am going to use, so suggest if there are updated mods that replace them:
nGCD for leveling
LAME and Supreme Magica for Magic overhaul
FCOM for, well FCOM
Companion Share and Recruit.
HGEC Body for Females, and Roberts Body for Males

Thank you in advance.

Check these out:
All Natural: http://oblivion.nexusmods.com/mods/18305
Immersive Interiors: http://oblivion.nexusmods.com/mods/34199
Better Cities: http://oblivion.nexusmods.com/mods/16513
Unique Landscapes: http://oblivion.nexusmods.com/mods/19370
AFK Weye: http://oblivion.nexusmods.com/mods/22828
EVE HGEC & BBB for EVE (can't post the link due to advlt content)
HGEC sixy Armor Replacer (same as above)
Paladin Mod: http://oblivion.nexusmods.com/mods/41095
Integration The Stranded Light: http://oblivion.nexusmods.com/mods/22320

Those should be more than enough for you to get started. Have fun!!

http://www.oblivion.nexusmods.com/mods/37385

I second this. A truly amazing lore friendly, immersive RPG experience unlike any other.

Note that there are 2 versions. One that requireshttp://theelderscrolls.info/?go=dlfile&fileid=215 (http://theelderscrolls.info/?go=dlfile&fileid=293)*, and LAME (which you already have), and one that doesn't require those two mods, and optionally includes gameplay changes or no gameplay changes.

You most likely want the one with requirements if you already downloaded/installed LAME. . Race Balancing Project covers lore correct races nicely since it adds 7 or 8 balanced lore correct races.

You could always just download the http://tes.multimediaxis.de/?go=dlfile&fileid=441 if you want all 3 mods with no hassle. Note however that you would lose out on RBP's and LAME's optional plugins in that case.

Many other popular quest mods can be found on the list http://wiki.tesnexus.com/index.php/User:Deaths_soul/Recommended_Oblivion_Quest_Mods_List

*1st link is system files, 2nd is resources. both are needed.

Will definitely check these out after getting FCOM up and going. Thanks for the suggestions/