I love this app and found a definite use for it.
When I installed driver 163.11 HDR+AA became broken in "Oblivion" for some reason. When I looked under the "Oblivion" profile, Compatibility: Anti aliasing compatibility it was set to "Rainbow 6 Vegas". Overriding this to "Oblivion (AA&HDR)" fixed the problem I was experiencing.
I have no idea why the "Oblivion" profile got set to "Rainbow 6 Vegas". All I did was remove my old driver in safe mode then install 163.11.
I've had no problem using 8x coverage AA, Transparency supersampling AA and 16x AF with this app. I posted some edge quality shots from "Oblivion" below: