I've just reopened a mod I was making after a couple of months and the LOD textures are messed up (I regenerated the LOD texture before opening the game, so don't know if it is a system problem or the new textures). They are all showing up as weird colours (normal Oblivion LODs work fine, it's just my world that is messed up).
Screenshot: http://etherealsoftware.com.au/weirdcolours.jpg
I've checked the textures in Oblivion\Data\Textures\LandscapeLOD\Generated and they all seem normal.
I've tried the Generate LOD in the TESCS, and also used the same tes4qlod methods I have in the past (I had .bat files set up so I know they haven't changed...).
Am I forgetting something?