Hello there,
From what I've seen so far from the gallery and videos on youtube, this mod looks fantastic, and I can't wait to try it out! However, I've been experiencing some problems.
At the moment, I'm using the OblivionModManager to manage my load order, and I also use BOSS to check for conflicts. I've tried using Bash, but Bash gets held up with issues regarding Python, and installing Python didn't fix it, so I'd rather avoid Bash if I can.
Anyway,
I followed the install instructions in the v53 readme. At the moment, I'm trying to run the game using the load order:
Oblivion.esm
Morrowind.ob.esm
Unofficial Oblivion Patch.esp
Purge Cell Buffers - Cell Change.esp
I experience these problems:
I start in the ship, and talk to Jiub. There's some large gold diamonds here and there, but there are areas without the diamonds. I think they are associated with parts of the ship itself. If I just stand there and not look around nothing bad happens. But, if I look at the upper left corner of the room, it crashes. If I start to follow the sailor, as soon as I start to look in the direction of that corner, the game crashes.
It could be my video card- I'm using an ancient GeForce Go 7300, however, there is no stuttering, and everything is very smooth with no lag. I also have the minimum graphic settings setup, with the distant views option turned off.
Now I don't actually have Shivering Isles, but I've read that the only thing dependent on Shivering Isles are the Golden Saints. So that shouldn't be the cause of the problem.
I do have Vardenfell Imports installed. At first I thought that it might have been installed wrong, with textures not lining up with meshes, so I downloaded the .54 version I found that was supposed to be properly combined ahead of time, and dropped that into my data folder. No change. That being said, I would think that Vardenfell Imports would deal with a lot of small items. I think the meshes I'm missing are bigger than that, because these diamonds are huge, and seem to be concentrated on the wall or ceiling.
Any ideas as to what the problem is and how I can solve it?
Edit: If I look at the ground when I move around, I can get up the stairs to the second floor, where there are no yellow diamonds. However, if I look at the part of the second floor where underneath the trouble spot is, it crashes. Also, Jiub's pants/legs are missing. Some portions of the walls of the ship are purple.

You say that you have the
You say that you have the minimum graphics setting setup,that`s ok ,but the setting that sets the texture size must be set to the "Large" setting in video options to run morroblivion.