I hope to work good, because thats the way I am playing TES games in 3rd person view only.

Fallout 3 and NV too by the way.
It was working awesome for me in Oblivion, well only shooting with bow couldn't be done, but everything else was great. Same with Fallouts, VATS all the way.
So they say they reworked it and is even better from Oblivion, which is good.

Can't be happier.