I thought I should share with you some non-morroblivion mods that I use, to heighten the morrowind feel.
Dunmer ears - This mod changes the ears to those long bent ears that we know and love. It's OMOD, and is totally compatible.
Dunmer eyes without Iris - This mod changes those ugly hobo/cocaineaddict eyes from vanilla oblivion into more Morrowind-esque red eyes. This might not be for everyone, but I tried it for some time, and now I won't change back. There is a option to have total black eyes too which I haven't tried at all, to nonlore.
Better Redguards - Just a essential improvement from the vanilla texture.
Retextured orc pack - This is also not for everyone, but it changes the crazy green skin of the orcs to a more "realistic" brown-green tone. Not very lore, but worth checking out.
I use deadly Reflex 5 too, which seems to work fine with me. There might be balancing issues, but not that I have experienced.

It's a pre-oblivon thing On
It's a pre-oblivon thing ;) On hair styles, the oblivion modding community really dropped the ball on that one. With Morrowind, there where hundreds of new hair styles, but in oblivion, meh, some asian/fashion model mods, and none for male character.
Of course, if anyone can point me to a hairstyelmod worth the trouble, please do. In the meantime, I'm going with the tincan style.