That's MCE 2005
I am taking a break from VG. There is just no excuse for cities like Hathor Zhi to run as poorly as they do currently given my hardware. I kill Oblivion and TRL @ 1680x with filter and all the goodies on.
I have noticed crafting stations|areas in cities when they are packed with people are horrid for FPS.
TRL on my rig, stock card and Vista: