It is because of a common practice that game developers have been doing to get better graphics on consoles that have weak GPU's. That is specifically, have shadows rendered by the CPU.
BF3 does it, and now skyrim does it.
Are you possibly wondering why you drop to such low FPS all the time with you uber graphics card? Its because you CPU is rendering the shadows, and even though you have a great CPU.....CPU's are just not great for this. But it is what we get with cheap console ports. Your CPU is struggling to give work to your GPU.
Prove it to yourself. Go download GPU-Z and monitor you GPU load while playing. When your graphics drops really low, stay there for a while, then minimize and look at GPU-Z. Most likely your GPU is running at LESS THAN 50% LOAD! Mine is almost always running at about 30% load. Your CPU is struggling so much to do EVERYTHING that your GPU is not being fed information fast enough to run at full speed.
Want to prove that it is shadows that are causing it? Put shadows to Ultra play for a little while, whilst monitoring GPU load. Then check the graph. I bet your GPU load is really low. THEN set shadows to the LOWEST setting. Now your GPU load will go up? Why would GPU load go up when shadow settings are turned down? It is because turning down shadows releases stress solely on the CPU, which allows it to feed the GPU faster, which allows the GPU to do more work.
Bottom line, developers make games for consoles......and toss us PC gamers broken scraps from time to time.......enjoy!
To truly elaborate on how horrible a problem this is.......test your GPU load with GPUZ and post it here.

