» Fri May 27, 2011 10:23 am
Holy crap, it's the water. I know this doesn't make a lick of sense, but try it yourself: go to the out-of-game video settings, "advanced" button, "water" tab, and set "water multisampling" to "low." I have absolutely no idea why, but the stuttering disappeared almost completely, despite there being no water nearby and my earlier problems being linked to NPCs being on screen. It's not butter-smooth now, but it's "wouldn't notice it unless I was looking for it" smooth, and that's about the best you'll get with the Oblivion engine.