I'm never over-encumbered. I loot next to nothing, only really valuable stuff and then all potions and rare metals. If I can use, I take, if my companion can use it, I take it, and if I don't have room I drop the least valuable item if I find a more valuable one. I only sell stuff when I'm going to the city anyways, I never make shopping trips just for selling loot. Prevetns me from getting too rich ,and from leveling up Speech needlessly.

I don't grab everything, but I sometimes get overencumbered. Then it's back to the dungeon entrance to unload stuff. When done, I load onto horse, and ride normally home heavily encumbered, but its still kind of a pain in towns. A good kind of pain

It's not really a cheat but it's a loophole to create items with HUGE enchantments and it's an easy way for a PS3 or XBOX console version to get high carrying capacities.

I don't loot anything that is under 200g unless its an enchanted weapon.

I usually hit "R" when looting unless its a very large cave/fort/tomb. Sell, sell, sell!

At the beginning I grab everything and sell it to get some cash. As I progress, I become more selective at what I take depending on my cash situation at the moment. The problem I'm finding now is that I'm carrying around a ton of potions that I feel I MUST keep, yet I never can seem to bring myself to actually use them and keep "saving" them for some "better" situation. I need to work on using those up or just selling them to free up some space, but so far I haven't been able to bring myself to do it.

I don't loot everything, but I swear every time I'm near to maximum carry weight a freaking dragon drops down on me before I can get to the next town to dump off my load. And for some reason I find it necessary to collect the dragon bones and dragon scales from every dragon I face! It's a compulsion and I can't bring myself to sell them. I've got a chest in my house in Whiterun that has about 150 dragon scales and bones. I guess I collect them like trophies.

I want to loot everything, but I use the 1-10 rule early and later on I got more selective. Still I have a few tips.

Pare down as much as you can (I'm not THAT pared down, I have heavy armor for one thing), and take stamina occasionally for level increases. Then go select the Steed stone which will give you lots of extra capacity. Then take the first fortify carry weight item you get and disenchant it and enchant your own necklace (weight not very much). When you go over, switch your necklace for that one and you can get a lot of extra capacity. Followers are obvious (they give you some added carry weight). The horse is obvious too, but I can't make myself buy one. I really hate getting off the horse every 10 seconds to fight wolves or bears or trolls or whatever.

I would carry everything d possible, but due to my self-imposed `No fast travel` and refusal to use crap horses, this is not always possible.

Only once did I try to walk miles when overencumbered and it wasn`t easy I can assure you.

It`s the wolves and bears you see. They just keep attacking and I can`t run away from them. The only relief I had was when I was able to float away downstream to the nearest city.

Whenever I see a dragon, I think damn, now I'm going to have to lug around 3 dragonbones and 3 dragonscales. That's like 90pts lobbed onto my encumbrance. Two dragons in a row and you're in trouble.

I've got to the point where Lydia always follows me around just in case of dragonbones. "Here Lydia, have a bone."

Don't feel satisfied leaving a dungeon until my character does become overencumbered.

I am a hoarder, real bad, some examples of my affliction:

- I am playing with no fast travel and if a place is close (5-10 minutes walk) to where I am storing or selling I will run back and forth collecting everything.

- I keep stuff that cannot be sold in storage because I know that after I have got increases in speech and magical items to up prices I can sell them later.

- I take my companions with me quite a lot because I know they can carry more.

- The companion Marcurio (from Riften) often asked me on the way into Dungeons if I was going to "carry out everything of value!" Not sure if he says this to everyone though.

- On a few occasions coming back to Whiterun I have become over-encumbered from picking up a couple of ingredients of 0.01 weight because I was already so full up.

- On my most intensive play-through of Oblivion I had three million in Gold due to my hoarding.

The Stormcloaks did the same to a fort I had cleared!