I've suddenly noticed that my melee weapons (all one-handed) were not as powerful as they were. I recently found an ebony war axe – the damage in my inventory displayed "29." When I started playing again today, I noticed that the damage all of a sudden was listed at "23." I did a quick scan of the other weapons I had and they all were lower than before, especially the Mace of Molag Bol...I remember distinctly that mace had a damage of "30," but now lists "24."
I loaded up an older save and saw that the damage on my weapons was what I remembered - MoMB was showing "30" dmg. I tried taking off the "Ring of Major Wielding" (improves 1-handed dmg by 25%) and the mace damage dropped to 24...this is the exact same value that I am seeing in my most current save.
I went back to my current save and tried taking off the ring, then put it back on...even saving and re-loading, but it appears that all my weapons in my inventory have been degraded. In addition to that, my weapons stored in my Whiterun house have also been degraded when viewing them (not even transferring them to my inventory).
I fear that continuing to wear the ring will continue to degrade weapon damage even lower...and taking the ring off will lower them substantially as well.
Has anyone else experienced this sort of problem? Definitely something to be aware of.
This is really, really frustrating...it reminds me of the companion bugs in Dragon Age 2 which would continually degrade attack speed (or damage resistance) until your character became unplayable.