The Gnome King said:
Stop min/max'ing so damn much. Oblivion is quite simple to be effective. In. Really, just use skills naturally as you wander, and try and only focus on 2/3 key stats. Even with just +2/3, you'll hit 100 by 25, assuming your race fits your playstyle.
Unless you are exploiting Alchemy to make money quickly via dozens of Restore Fatigue potions, you likely won't level way too fast. They actually did a pretty job of it, which I realized after 4,000 hours of the bloody thing. UNMODDED.
Sure, not EVERYTHING works in Oblivion without grinding. But a hell-uv-a-lot does work.