On my way I encountered some wolves, I pulled out my bow and as I walked toward them (slowly as I'm over-encumbered) I draw my bow and I speed up! Apparently the speed at which you move while having a bow drawn is not affected by encumberence. Don't know if the perk Ranger is affected as I'm not high enough in archer to get it.
So it may look silly, but I got back into town just a slight bit quicker with my bow drawn than if I walked at my over-encumbered movement rate. Maybe someone already posted this but it's new to me.
Bleak Falls Barrow Spoiler below:
Spoiler
On a side note, I've been thru Bleak Falls Barrow 30 or 40+ times (I make a lot of characters) and I just noticed that in the word wall chamber there are three chests. Previously I only knew of two (not counting the one on the way out after the word wall room). The one next to the sarcophagus and the one next to the stream to the right/behind of the word wall. Until now didn't know about the one on the left by the water fall.
