I followed your fixes and I think I got it all installed right. I'm still not sure what I'm doing with the bashed patch but I kinda mulled through it and managed to run Oblivion for an hour with no problems. Im not really clear on the whole activated and not thing what to check and what not to. I ran BOSS and let it do its thing. 
I'll post my new list if anyone can check it for me that would be great.
	Spoiler 	Active Mod Files:00  Oblivion.esm01  Francesco's Leveled Creatures-Items Mod.esm  [Version 4.5bSI]02  Francesco's Optional New Items Add-On.esm  [Version 4.5bSI]03  Cobl Main.esm  [Version 1.72]04  Oscuro's_Oblivion_Overhaul.esm  [Version 1.34]05  Mart's Monster Mod.esm  [Version 3.7b3p3]06  FCOM_Convergence.esm  [Version 0.9.9MB3]07  Armamentarium.esm  [Version 1.35]08  Unofficial Oblivion Patch.esp  [Version 3.2.0]09  DLCShiveringIsles.esp0A  Unofficial Shivering Isles Patch.esp  [Version 1.4.0]0B  Francesco's Optional Chance of Stronger Bosses.esp0C  Francesco's Optional Chance of Stronger Enemies.esp0D  Francesco's Optional Chance of More Enemies.esp0E  Francesco's Optional Leveled Guards.esp++  FCOM_Francescos.esp  [Version 0.9.9]++  FCOM_FrancescosItemsAddOn.esp  [Version 0.9.9]0F  FCOM_FrancescosNamedBosses.esp  [Version 0.9.9]10  DLCOrrery.esp11  DLCOrrery - Unofficial Patch.esp  [Version 1.0.3]12  DLCVileLair.esp13  DLCVileLair - Unofficial Patch.esp  [Version 1.0.5]14  DLCMehrunesRazor.esp15  DLCMehrunesRazor - Unofficial Patch.esp  [Version 1.0.4]16  DLCThievesDen.esp17  DLCThievesDen - Unofficial Patch.esp  [Version 1.0.5]18  DLCThievesDen - Unofficial Patch - SSSB.esp  [Version 1.0.4]19  Cobl Glue.esp  [Version 1.72]1A  Cobl Si.esp  [Version 1.63]1B  Bob's Armory Oblivion.esp1C  FCOM_BobsArmory.esp  [Version 0.9.9]1D  Loth's Blunt Weapons for Npcs.esp++  FCOM_LothsBluntWeapons.esp  [Version 0.9.9]1E  Oblivion WarCry EV.esp  [Version 1.09]1F  FCOM_WarCry.esp  [Version 0.9.9MB5]20  Oscuro's_Oblivion_Overhaul.esp  [Version 1.34]21  OMOBS Optional Combat Settings.esp  [Version 1.0]++  ArmamentariumLLVendors.esp  [Version 1.35]22  OOO 1.32-Cobl.esp  [Version 1.72]++  FCOM_Cobl.esp  [Version 0.9.9]23  Mart's Monster Mod - Additional Enemy NPC Vars.esp  [Version 3.7b3p3]24  FCOM_Convergence.esp  [Version 0.9.9Mb3]25  FCOM_RealSwords.esp  [Version 0.9.9]26  FCOM_DurabilityAndDamage.esp  [Version 0.9.9]++  FCOM_SpawnRatesStronger.esp  [Version 0.9.9Mb3]27  Mart's Monster Mod - More Wilderness Life.esp  [Version 3.7b3p3]28  Mart's Monster Mod - Extra Wounding.esp  [Version 3.7b3p3]29  Mart's Monster Mod - Dungeons of MMM.esp  [Version 3.7b3p3]2A  Mart's Monster Mod - Farm Animals.esp  [Version 3.7b3p3]2B  Mart's Monster Mod - Diverse WaterLife.esp  [Version 3.7b3p3f]++  FCOM_BobsGuardUnity.esp  [Version 0.9.9]++  ArmamentariumLL4OOO.esp  [Version 2.01]++  ArmamentariumLLMagicOOO.esp  [Version 1.35]2C  OOO-WaterFish.esp  [Version 1.34]++  MMM-Cobl.esp  [Version 1.73]2D  DLCBattlehornCastle.esp2E  DLCBattlehornCastle - Unofficial Patch.esp  [Version 1.0.4]2F  DLCFrostcrag.esp30  DLCFrostcrag - Unofficial Patch.esp  [Version 1.0.4]31  Knights.esp32  Knights - Unofficial Patch.esp  [Version 1.0.9]33  Mart's Monster Mod - City Defences.esp  [Version 3.7b3p3]++  FCOM_Knights.esp  [Version 0.9.9Mb3]34  Salmo the Baker, Cobl.esp  [Version 3.08]++  Francesco's Slower skills x1.5.esp35  Cobl Races.esp  [Version 1.52]++  Cobl Races - Balanced.esp  [Version 1.52]36  Francesco's 10 days respawn time - 1-20 day lenght rescale.esp37  Bashed Patch, 0.esp
 Also I had a few questions of things I'm unclear about. 
I didnt use OMOD for anything when do I need to use this?
Do I need to have wrye bash running while Im playing Oblivion?
How would I go about installing other recommend mods?
Should it be done with OMOD or do i add them into wrye bash and rebuild a new bashed patch?
Thanks for any help. Ive been reading all kinds of posts and guides and Im just a little unclear.