I've been running into some missing textures of late (grey-purple), and I was wondering if the following procedure will reset the textures from the mod files. This is in Nexus Mod Manager.

I was going to remove the mods in the mod panel, then delete the textures folder in Data, and then reload the mods. I figure there are some dirty links from past mods (I was using HD Skyrim, but decided to remove it until the 1.2 release).

I'm just not sure how NMM handles mod archives and if I'd be able to get those mods back without having to DL them again.