See this as well from http://tescosi.com/wiki/Oblivion:Plugin_Merging, in addition to Psymon's links.
PS: If you want to know which mods I am merging for my personal use, these are the various mods combined:
Bain Packages:
Spoiler
078 - ====UTILITY MODS==.7z (00000000)==++ 080 - Duke_Patricks_Basic_Script_Effect_Silencer_Nif_Removed_Rev-15677.7z (3E85A073) (Installed)++ 081 - RefScope_2_1_2-21862-2-1-2.zip (A57B7DD5) (Installed)++ 082 - Black_Screen_Sneak_Fix-13632.zip (DB5DB419) (Installed)++ 083 - Black_Screen_Toggle_Fix-13632.zip (3AAC4296) (Installed)++ 084 - Utility Mods Merged.7z (777ED26B) (Installed)133 - ==KUERTEE'S MODS==.7z(000000000).7z====++ 134 - Inventory_is_a_backpack_0p73_FULL-21721.zip (2B318BC5) (Installed)++ 135 - Clean_up_0p55-24606.zip (32520CAA) (Installed)++ 136 - Sittable_rocks_v0p54-21966.zip (C3A6B269) (Installed)++ 137 - Encumbering_loot_armour_and_weapons_0p54_reupload-22193.zip (6629EC84) (Installed)++ 138 - Wandering_encounters_0p55-25449-0-55.7z (4D1238CE) (Installed)++ 139 - Crime_has_witnesses_0p63-22894.zip (0106F783) (Installed)++ 140 - kuerteeEffectDrainShaderInitialGlowOnly-25707.zip (5ADA39DE) (Installed)++ 141 - Auto-save_and_time_v0p9968-22136-0-9968.7z (13A666F3) (Installed)++ 142 - Horse_commands_4p992-8766-4-992.7z (270536D3) (Installed)++ 143 - kuertee Merged Plugin.7z (30A17B63) (Installed)145 - =====Game Tweaks Merged.7z=====++ 146 - Alternative_Beginnings-37382-1-2-5.7z (479852C9) (Installed)++ 147 - Stat_Cleaner-35614-1.7z (28AC7162) (Installed)++ 148 - AV_Uncapper_v1_beta1-34841.7z (A27D8107) (Installed)++ 149 - Ashes_to_Ashes_10-21565-1-0.7z (687CF4B4) (Installed)++ 150 - SM_Regional_Bounty_V1-22c-16137.zip (9B4385BB) (Installed)++ 151 - I_just_hit_you_and_Cant_touch_me-35768.7z (C8C41975) (Installed)++ 152 - Merchant_Inventory_Realism_V_1_5-5561.zip (483D6B2E) (Installed)++ 153 - Basic_Primary_Needs_5_5-37088-1.7z (FDEE59A7) (Installed)++ 154 - Camping_1_8-37197-1.7z (8FED4CD1) (Installed)++ 155 - Gather_Ye_Rosebuds_1_1-14259.zip (518F05B3) (Installed)++ 156 - SPAWN_03-25536.7z (922423A2) (Installed)++ 157 - Duke_Patricks_Near_Miss_Magic_And_Arrows_Alert_The_Target_Rev_7p1-16150.7z (DFD8414A) (Installed)++ 158 - Useful_Houses_2_0-32365-2-0.rar (74B624C4) (Installed)++ 159 - Phitts_Phighting_Phixes_v101-32651.7z (CCE0C5D6) (Installed)++ 160 - SoT_Holiday-20525.rar (2CD33D06) (Installed)++ 161 - Companion_Compatibility-35921-1-0.7z (2455AA7A) (Installed)++ 162 - Duke_Patricks_Fresh_Kills_Now_Alert_The_NPCs_Rev_4-18065.7z (41BB3347) (Installed)++ 163 - Haldars_Mods_Pack_4_00-36399-4-00.zip (74FD93E9) (Installed)++ 164 - Soulgem_Magic_2_0-35393-2-0.rar (B9DE4920) (Installed)++ 165 - Creature_Damage_Fix-34160-2-6.zip (BE6E5430) (Installed)++ 166 - Dousing_The_Flames-3974.zip (F7BBD90F) (Installed)++ 167 - Oblivion_Underwater_Bubble_FX_v1_01-26715.7z (D922F96F) (Installed)++ 168 - At_Home_Alchemy_-_No_Bounty_Fix_2-18000.zip (6770A474) (Installed)++ 169 - StealthyAbsorbsAndDrains_v1-28292.rar (5001DBE7) (Installed)++ 170 - Flaming_Arrows_v1dot2-25218.7z (E4E48940) (Installed)++ 171 - DungeonAndExteriorActorsHaveCUSTOMTorches_Merged-26524.7z (4BFE5A2B) (Installed)++ 172 - Horse Management-BAIN Ready.7z (EAB64F57) (Installed)++ 173 - Audacious_Magery_1_09-25844.zip (2F12265C) (Installed)++ 174 - Kyoma's Journal Mod-15294.7z (47E1FF38) (Installed)++ 175 - Game Tweaks Merged.7z (9DEFFAE9) (Installed)177 - ==GAME TWEAKS 2.7Z-000000000==++ 178 - Setsuna_Dummy_Training-27259.7z (2F66B192) (Installed)++ 179 - Sell_Horses-6762.zip (AFB44CAD) (Installed)++ 180 - Bedrolls-6430.zip (4C7B9253) (Installed)++ 181 - Automatic_Patrols-39751-1-0.zip (19263877) (Installed)++ 182 - LoadingScreensCompilationDarkUI.7z (E5B95C46) (Installed)++ 183 - Game Tweaks Merged 2.7z (440401B8) (Installed)186 - =====Dialogs and Messages Merged.7z=====++ 193 - ReneersNotesMod.zip (14C223E6) (Installed)++ 194 - Better_Letters_Version_1_2-5392.zip (4E7D47EA) (Installed)++ 195 - Tombstone_Epitaphs_V2dot5-23680.7z (91D68B44) (Installed)++ 196 - BHC_Expanded_1_2-27029.zip (9ED44D06) (Installed)++ 197 - County_Names-6775.zip (E2D72218) (Installed)++ 198 - Expanded Greetings - 33979.7z (C7149E8F) (Installed)++ 199 - Oblivifall_-_Something_Is_Not_Right-27145.zip (8EBE2F56) (Installed)++ 200 - Lore_Dialogue_300_Updated_2_3-25091.zip (C0C0F197) (Installed)++ 201 - Really_Immersive_Messages_1-5-27720.zip (4E8809FC) (Installed)++ 202 - TTYM_-_Think_To_Yourself_Messages-32508.zip (6823D452) (Installed)++ 203 - Oblivifall_-_Let_Us_Talk_Version1_1-27148.zip (04B4CE0D) (Installed)++ 204 - Get_Wet_1_1-10803.zip (5187E9F7) (Installed)++ 205 - Idle_Dialogue_-_Version_1-3-38466.zip (1358D777) (Installed)++ 206 - eat_and_drink_animations-39487-1-0.zip (0452F62E) (Installed)++ 207 - Oblivifall - Closing Time-27147.zip (CB47AD0D) (Installed)++ 208 - Oblivifall Race and Class Descriptions-27144.zip (8AD8AF01) (Installed)++ 209 - Dialogs and Messages Merged.7z (A757EEE4) (Installed)316 - ==NPC Merged Plugin.7z-00000000==++ 317 - Heroes of Cyrodiil - All.7z (9D642223) (Installed)++ 318 - Populated_Prisons_11-25232.7z (8223E996) (Installed)++ 319 - Roaming_NPCs_v11-32747.7z (8A0C25B0) (Installed)++ 320 - Tavern-Goers_Version_2-34744.7z (4D387859) (Installed)++ 321 - Companiongfriendly_Inns_0_9-33475.7z (582803D2) (Installed)++ 322 - Packdonkeys_ver_2_1-36966-2-1.7z (6C401020) (Installed)++ 323 - Cyrodiil_Travel_Services-21999-3-0-5.7z (E668B5C3) (Installed)++ 324 - NPC Merged Plugin.7z (FCD55288) (Installed)440 - ====MERGED ITEMS==.7z (00000000)==++ 441 - strotisNewFood_7zip-41324-1.7z (5AB53B89) (Installed)++ 442 - Classical_Weaponry_v070_-_OBSE-9185.7z (DDFB4A97) (Installed)++ 443 - Elven_Weaponry_375_full_final-4804.7z (76EFC84E) (Installed)++ 444 - New_Potions_v2-33946.zip (A1346154) (Installed)++ 445 - Nicoroshi Creations - 13519.7z (07DC9AF6) (Installed)++ 446 - Sigil Stones Expanded - 4480.7z (3B798CD8) (Installed)++ 447 - ANB Face Cloths-11677.zip (2BCA55FA) (Installed)++ 448 - TT-Equipable_Beards-10870.7z (9620C32D) (Installed)++ 449 - Jade_Dishes_v1.02-7693.rar (7AAB1F3C) (Installed)++ 450 - BlueAndWhitePorcelain-15383.rar (BD23E2C5) (Installed)++ 451 - KatanasMod-25793.rar (3197A2D3) (Installed)++ 452 - Katanas_to_level_list_17-40664-v1.rar (FB6EFE9B) (Installed)++ 453 - Spears_to_Level_List-40744-v1.rar (EC6BA9EA) (Installed)++ 454 - DLT_OBSE_V2-4-16282.zip (9D75E5B8) (Installed)++ 455 - Pitcher_Plant_and_Lily_Ingredients_v1_0-15609.7z (613CB03A) (Installed)++ 456 - Duke Patricks - Philosophers Stone Artifacts Rev 4p2 .7z (81C45C1F) (Installed)++ 457 - New Items Merged.7z (DD2B45FA) (Installed)585 - =====Environment Merged Mods.7z=====++ 586 - Rainbows_in_Tamriel_v3-8927.7z (691EDD31) (Installed)++ 587 - Distant_Chapel_Bells_V1dot0-12993.7z (6E8D2ABC) (Installed)++ 588 - Falling_Stars-35593-1.7z (E4FA2E18) (Installed)++ 589 - Ambient_Town_Sounds-13009.zip (78AEC3EE) (Installed)++ 590 - Natural_Environments-2536.zip (6F7C2A7F) (Installed)++ 591 - Environment Mods Merged.7z (70A49FEC) (Installed)632 - =====UI Mods Merged.7z=====++ 633 - DropLastPickedUpItemv11-24578.7z (39209A6A) (Installed)++ 634 - QZ_Easy_Menus_1x03-23404.zip (148C4D49) (Installed)++ 635 - TQP_v3-2-0-12859.zip (FFF82844) (Installed)++ 636 - RedDelPCB_0_2-26146.zip (EC815108) (Installed)++ 637 - ScrollYesOrNo_1_0-28210.rar (451ADD8A) (Installed)++ 638 - Vacuity_03-29283.7z (BA666AEA) (Installed)++ 639 - UI Mods Merged.7z (235F2847) (Installed)