It runs, but there are a couple of issues; the most significant of which being performance.
When I first start the game, performance in the boat is 'ok' especially if I'm facing the wall (around 10 FPS otherwise, which isn't what I'd expect...), but as soon as I get up on the deck and face Seyda Neen it all goes to [censored] - around 4-5 FPS, infact - going upstairs in the tradehouse occassionaly drops this to 0.5 FPS(!!). Seyda Neen is probably the worst area I've found so far, but even in Balmora I still get lag spikes - the wilderness seems fine though. It doesn't matter if I'm using MGE or not (disabling it through the MGEGUI menu) or if I'm using MCA.
Another thing is that the character gen process seems screwy, I can move freely right from the start and a couple of the dialogs (such as just before you select your race and before selecting a class) are missing; Not a big deal but something that was working fine until I changed one thing or another -- might've been installing librarian/Book Rotate and running the BR patcher?
My system specs are as follows (I would assume it'd be plenty considering I can play modded oblivion on high w. QTP3 etc):
AMD Athlon II 240 @ 2.8GHz (not brilliant but more than sufficient I'd have though)
ATI Radeon 4870 1GB using Catalyst 10.5 (latest)
2x2GB DDR3 G.Skill Ripjaws
GA-MA74GMT-S2 motherboard (el cheapo, but again should be fine.)
Now, the guy I got it off isn't, well, the cleverest about so I'm assuming there's a massive mod imcompatability somwhere. I'm still trying different things, but about the only other possible explanation I've found is that my video card seems to be downclocking to 600MHz (2D mode) randomly before jumping back up - I don't have a clue how to fix that, though. I'll try disabling all the mods when I get home and will post the results here. Given the eratic nature of the FPS drops (fine one minute and drops right down the next) that could actually be it.
Anyway, I guess you want the modlist: http://morrowind.pastebin.com/ZmuRKn3q . There are a few other texture replacers and whatnot on top of that, but given my system specs I doubt they're a problem. Using MLOX and the latest database if that helps.
I'd appreciate any sort of advice right now, regarding performance or not as it's bugging me not being able to play again
Thanks either way, Charon_