However, I recently tried this oblivion.ini tweak where you set bDSoundHWAcceleration=0 and all of a sudden things are alot smoother!
What's more interesting is that the standard tweak quoted on these forums which says to set the Max Frames to Render Ahead (for nvidia cards) to 0 or 1 prevoiusly had no effect on my game and many other people who tried this probably had no effect either. However, after trying this ini tweak, my minimum fps went up by about 4 when I set the Frames to Render ahead to 1. This is pretty impressive but I have no idea how this actually this works

Thanks