Done with this piece of @^.
BSOD (who even knew that Win7 HAD a BSOD?), video card crashes, motherboard crashes, reboots, automatic patches that break more things than they fix - even the internet cant solve these problems! (How is THAT possible?)
I'm actually semi convinced the game is breaking my video card (or Mobo).. have now had three hardware configurations where the thing starts out stable then a few hours later it all goes to you know where.
I'll try again in a few months hopefully there will be some mods and/or user patches that make the thing playable. Lag in PS3 seems minor by comparison.
Game is good fun, (even the in game glitches like self launching into orbit horses and mammoths are fun) but at the end of the day its Morrowind, slightly improved. Thats not a bad thing unless it breaks your computer..