My rig:
i5-2500k @4.2GHz
Crucial M4 SATA III SSD
16GB G Skill 1600 RAM
Sapphire Radeon 7850 @ 1050 core/1450 memory with official release 12.3 drivers
1920x1080 LCD monitor, stanbdard 60 Hz refresh rate
vsync turned off in INI file
Don't disable VSync in Skyrim. It will only cause more problems. If you're concerned with input lag, use a frame rate limiter to cap your frame rate at 58 fps.
Playing Skyrim with the HD texture pack from Bethesda
Bethesda never released an "HD texture pack." Perhaps you are referring to the http://store.steampowered.com/app/202485/ instead?
At Ultra settings I noticed it was kinda choppy, especially in perpetually snowy cities like Winterhold. So I downloaded FRAPS and recorded my min//max/avr framerates running around Whiterun and Winterhold.
FRAPS is telling me 22 FPS min, 28 max and 24 avr. How is this possible? Reviews of the Sapphire 7850 at the standard overclock (920 core/1250 memory) show numbers more like 50 min, 100 max and 70 average on Ultra settings.
I've checked GPU-Z and the entire time I'm playign Skyrim the log shows the card is clocked at 1050/1450, so it's not that it is getting downclocked to idle speeds for some reason.
I am at a loss. I want the performance the 7850 should provide. Advice appreciated - thanks.
Make sure that AA is disabled in the game launcher as well as the video driver control panel options. This applies to all forms of anti-aliasing. Enabling AA or the wrong types of AA is a likely cause for drastic performance deficits. If you are able to identify this as the cause, you'll then be able to start applying individual settings to find an acceptable performance/visual quality setup.