1)  In the CS, why does the "Edit>Find" (ctrl+F) function NOT work? It would be so useful when I want to locate a particular Item.   
2)  Why does all the NPC's (including the Player) only have "Holes" for eyes?  (You see only the background showing in the eye sockets, but no eyes.)
3)  How do I take a Screenshot in Oblivion?
4)  and finally, can any moderator please tell me why, when I "change pages" AND I am logged-in as a user (eg:  Preview Post) it says..
     Error ..  Sorry, you are not permitted to use this board ... You are not logged in .. Please register or Log In below.
    (but if I go back one page and try again, it works 80% of the time)?  Very Confusing!
1.  Try "Find text" instead.  I don't know the why of it, but I think that's what you're looking for.
2.  Because at some point you installed (or tried to) a mod that changes eyes or faces or hairs or something like that, and it went badly.  Try uninstalling any beauty mods, updated OBMM's archive invalidation, and see how that goes.
3.  Find the "allowscreenshots" line in the Oblivion.ini in your \My Games\Oblivion folder.  Change its value from 0 to 1.  Use the PrintScreen key to take shots in game; be aware that you must have anti-aliasing turned off.
4.  I'm not a moderator, but it sounds like your browser is losing tabs on your session cookie.  Wierd.
This gave the item a modindex of ff (created a new item with modindex ff?), but there is no corresponding ff0856ee enchantment (formid not found error trying to reference it in console).
As a note... "ff" IDs are the expendable ones the game assigns for new references created during gameplay (user-created potions, enchanted items, etc) and not by the editor, which is why you got that message. ...I think.