What's the best way to do this? I'm playing with the Morrowind Enchanted Editor but there are a handful of different torches, each w/ it's own set radius and i'm not sure which one to change. I'm mainly concerned about the torches you carry, as the lighting distance is weak in my opinion, so i'm wanting to stretch the light out some. Thanks for the help.

In the CS, open the Torch's Reference Window and increase the Radius.

Torches do have a pretty small radius (200-256 on average)
Try setting it to 500-700.

http://planetelderscrolls.gamespy.com/View.php?view=Mods.Detail&id=608 does this fairly comprehensively, among other things.