I'm playing Oblivion on an older machine and I've recently found a cool mod that draqes the entire LOD in fog, so you can safely turn of distant trees and such without losing perspective of the world around you. (http://oblivion.nexusmods.com/mods/25052/?)
It got me thinking. Even though I can't see it now there's still an actual distant LOD at work, eating texture memory. Are there any distant LODs available that are lower than the default resolution?
I think the default texture size is 512x512 or 256x256, taking up something like 600 kilobytes. Since I'm not seeing ANY of it, it might as well be 1 kilobyte. Does something like that exist?