can someone please answer me... could horses walk backwards in oblivion? i swear they could.
Yes they could walk backwards, at about the same slow and hesitant pace that a real horse does! A lot of the gates to the paddock of the stables outside cities opened outwards, and the best way to get your horse in the stable was to ride up to the gate, activate the gate while still mounted, and walk your horse backwards to avoid the opening gate, then into the paddock. I'd have gone spare if I had to dismount and remount to get my horse through a gate!
Not used a horse in Skyrim because I love horses and get upset if they die - when the Creation Kit is released and I can look up the horse IDs to set mine as unkillable I might get one (just for roleplaying purposes, not to use as a tank or anything!), but until then I'm going everywhere on foot or by carriage

I also want to ride in 1st person, I'd rather not be in 3rd person view. If there's no mod for that eventually, I probably won't bother with horses at all.