http://img703.imageshack.us/img703/7199/screenshot0t.jpg

You see what I mean? All distant graphic sliders are maxed out already, still ugly as hell

What the hell is that thing on the road on the right?

Also I agree that distance visuals are terrible. I dont think mine are that bad but it still looks terrible.

I think this is just Fallout NV's LOD texture scaling in action and not really a bug. Scopes and binoculars show it up pretty badly, though.

There might be some sort of setting somewhere in the config file to increase the distance at which is lowers texture detail, but i'm not familiar with it, sorry.

I thought I remember reading something in the thing for PC users about the 25 best mods. One of them was a depth of field mod that helped make things appear more realistic. If you're on the console versions you maybe SoL i'm sad to say.

There are .ini tweaks to fix.