http://www.uesp.net/wiki/Oblivion:Technical_Support: Note the recommendation to install outside of UAC domain and to include the shadowmap resolution ini edit.
Installing and uninstalling DLC is like the same with any other mod. If you don't like disable and uninstall.
You
NEED to read the pinned threads Oblivion Mods FAQ and Compatibility and You.
For FCOM ... first there are some really great alternatives, but I know that desire - just keep in mind that there are http://www.gamesas.com/index.php?/topic/820948-scaling-overhaul-comparison/.
So the FCOM install guide most recommended is http://www.gamesas.com/index.php?/topic/1119325-50steps-to-stable-fcom/, but what that comes down to is how are you going to install the mods. There are two main choices Oblivion mod manager or Wrye Bash. I'm an advocate of Wrye Bash and its installer http://www.gamesas.com/index.php?/topic/1084204-bain-mod-installation-projects/, so I think http://tesivpositive.animolious.com/?page=guides_mod_installation&subpage=fcom_installation_guide is a better guide. In fact http://tesivpositive.animolious.com/ is a great resource.
You will ask further questions - if you have never modded oblivion before then it is as assured as the next breath you need to breathe.
PyFFI the main game meshes is the best and biggest result.