I am the same way, even I have an Argonian Nightblade in Morrowind, and he only joins the Mages guild because he thinks that the Thieves Guild is a waste of time, and he is too neutral to be a killing machine to join the Morag Tong, but still he kills people he needs to or has to kill and steals from people if he is poor, and also raids dungeons, tombs ect. But strives to be more skilled in Magic.
But I feel the same way in Oblivion, I'll brb because I had an idea pinned down somewhere so I'll edit this post.
EDIT: Ah ha! I plan to do Oblivion again soon and I am gonna make my Argonian Knight a faithful Divine Crusader (KotN) but keep this in mind too...Backstories!. So here is the dealio (as it worked on my old Argonain guy too):
Farlace joins the Mages guild becuase his bloodline is prominently Magic and to practice his Illusion skills. Fighter's guild because he needs to brush up his melee skills. Thieves guild becuase he needed money BAAAAADLY so he joined, also because his Mage sister was also a thief, who learned after their mother. If things gone bad she went to her hideout (Frostcrag spire). His brother was an DB assassin (who allied with vampires) who shared a hideout (deepscron) who was killled while on a contract that a Morag Tong member also had, so his spirit possessed Farlace so he can clean up the mess and finish up his work in Cyrodiil. SI was a bit tricky because Farlace worships the Divines, so I made it that he went in the gate thinking it was another Oblivion gate, and then kinda snowballs from there, and tries to convert the real sheogorath gave him into a religiously neutral site, where he builds his own "shrine"
I hope I was clear enough, but I made Farlace join all factions with a reason, so if you have anymore questions on the other factions, just ask