As I have just downloaded the patch, wishing I had refused the patch as I had no issues with my 10mb+ games, I have noticed that the game looks like an xbox game now. The graphics are atrocious.
The fog is thinner, the skies no longer have exciting effects going on(to be confirmed), particles have been reduced, fire looks abysmal(used to look decent), shadows are super large and pixelated, Water texture is a static moving image that looks like plastic wrap. The field of view has changed, and now I can barely see anything when using two waraxes, not to mention can not see the head of my 2 handed hammer at all.

The textures seem to be of the same quality and I have not explored far into the game because when I turned it on the game burned my eyes due to the complete removal of aa in any form. The grainy, jagged hard edges move and it makes it impossible to see anything. This is most noticeable inside the whiterun home, the shadows now cast by the fire pit make it impossible to see anything in the living room. Mounting a sword will make your eyes bleed from the jagged edges moving and standing out so blatantly. Looking into the distance no longer seems to have a gradual fog.



I will also note that there seems to be some frame skipping, very slight but there going on that previously had not occurred.
I will be updating this post with some craptastic photos, since I lack any equipment for a true screen capture.
reverting to 1.1 as I type this.