First off I'll state: I play on Xbox 360. So no, I did not use Mods or Console commands to achieve this.
Through my tedious study of completely useless exploits in Skyrim, I've come across a very Interesting one: I have achieved Flight!
I cannot really prove it visually, for I do not have any Image capturing device, so I will have to just teach you.
Requirements:
-Telekinesis (Spell)
-buying it from http://uesp.net/wiki/Skyrim:Tolfdir when your Alteration Skill is at an Adept level
-Found in http://uesp.net/wiki/Skyrim:Redwater_Den
-Found In http://uesp.net/wiki/Dragonborn:Benkongerike hiding under a bunch of "Lusty Argonian Maid" books.
-a Specific kind of Bucket (See spoiler)
http://images3.wikia.nocookie.net/__cb20120908013432/elderscrolls/images/f/fe/Bucket_00012fdf.png
http://images3.wikia.nocookie.net/__cb20120908013433/elderscrolls/images/thumb/1/15/Bucket_000747fb.png/368px-Bucket_000747fb.png
http://images1.wikia.nocookie.net/__cb20120908013433/elderscrolls/images/thumb/1/16/Bucket_000747fe.png/380px-Bucket_000747fe.png
You want Bucket #3, the Tall one with a Metal handle in the middle, because this one seems to have a unique trait: It is not affected by Physics caused by the Player Character, making it a sturdy object to stand on.
Location of one of these Buckets: http://uesp.net/wiki/Skyrim:Fort_Neugrad, Once inside, go to the big room with the Dining tables, there's one right beside a Door to the left.
-any City Guard shield, or Hide Shield
These specific shields work best because they are the most Flat, however the City Guard Shield is considerably the best since it is even more flat. Hide shields are easy to find, and a Whiterun Guard shield can easily be obtained during the quest "Dragon Rising"
-Alteration Dual Cast Perk
-Alteration cost Reduction Enchantments
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Procedure:
1. Find a flat surface suitable for lift off
2. Drop your Shield on the flat surface
3. Drop your Bucket #3, and place it on the shield Right Side Up decently close to the center of it. (Placing it Right Side Up is decently hard due to Bethesda's genius way of handling items when they turn upside down right when you start dragging them)
4. Jump on top of your Bucket
5. Equip Telekinesis in both hands, and aim down at the shield (make sure your Cross-hair reads the name of the Shield)
6. Dual cast Telekinesis on the Shield, and hold it as long as you want to continue flying!
7. Don't look Up during this, you want to continue to look mostly down if you want to keep standing on your flying Bucket
Now it is possible to control your direction, It is a hard maneuver between Aiming and Walking, but you will mostly go Up.
Have fun with my weird contraption!
All of this is mostly in interest of Console users, as PC users already have easier means of flight.
Edit: Oh right, and if you want to live all of your Sky Diving expeditions (since you can't use "Become Ethereal" in Mid-air), Collect a decent amount of http://elderscrolls.wikia.com/wiki/Netch_Jelly, and Eat it right before you land (you cannot receive Falling damage when you're Paralyzed)