If the quality of the textures is inferior, They manage to go completely the other way around of what many people said here on the forum that they rather prefer seeing FXAA and V sync disable (which would increase perfomance) and seeing some jaggies but at least we got a clear, sharp tecture quality!
If they lowered the textures models they clearly choose the easy way, lazy way
easy way is usually a fastest way as well and I believe we can all agree that they were under a bit of pressure here to get it sorted asap, lads seriously just relax a bit give them 2-3 months and most of issues will be sorted this is the biggest game I've ever seen there is no way to test it to its limits as we players are simply unpredictable

always looking for shortcuts and doing things your own way, I know I'm responsible for at least half of my quest bugs myself by not doing them in the right order and just leaving them half way finished, give them some time to fix all that and keep reporting bugs as often as they occur so they can see the problem and its scale and start working on it.
p.s. my save is 14mb my character is level 78 and my ps3 is one of first models with 60gb hdd trust me I know all about lag in skyrim

just man up and reset every hour

beside it looks sorted now,
oh and when it comes to graphics quality I can see no difference but it would be nice to switch off some options manually to increase performance