I know, the typical response is "get an HD TV." Well, the back of the box says it supports 480p so I think Bethesda has an obligation to actually test the game on non-HD TVs and ensure it works. The problem is that it just doesn't fit on the screen and there's no way to tweak the options to make it fit. So whenever I pick something up or someone gives me something I can't read the message in the top left hand corner because it's located outside the screen. The game just assumes everyone has widescreen.
If I recall correctly (been a while) Fallout/Oblivion had this same problem but there was an option to adjust the game to my TV. I've checked my PS3 settings and the aspect ratio is set for 4:3 (which is correct). I hope you guys patch this, I miss out on a lot of important information b/c I can't read it.