It definitely runs poorly on my computer, even with settings on low I need to lock the FPS to 30 to get a stable-ish framerate. TBF I built this thing 7 years ago.
But, it's still kind of nice to be back with Oblivion. Whether it was worth paying $50 vs just spending 4 hours setting up some mods to make the old game feel fresh again, I can't say yet. Glad to see mods are coming out, specifically the color adjustment.
Location discovery feels a bit iffy. I've entered caves and Aylied ruins without triggering them on the map, only to get the discovery message as I'm walking away after exploring and clearing them out. I don't really love the little distance measure at the top of the screen, but it's a pretty small complaint and I can see how it's useful.