Oblivion crashes after oblivion fully loads

I have finally determined that Rome: Total War triggers a weird problem and am thinking about running RTW in a Virtual machine or in Wine if i dual boot ubuntu. Thanks everyone for your suggestions!
 

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I'm wondering if running the game via the OBSE way (Oblivion Script Extender) would make it work?

Easy to install so why not give it a try .. OBSE - Planet Elder Scrolls
 

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Windows 7 64bit RTMAMD Athlon 64 X2 3800+4G Dual channelPOV GeForce 7600 GT
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Windows 7 64bit RTM
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AMD Athlon 64 X2 3800+
Motherboard
ASUS M2N-E SLI
Memory
4G Dual channel
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POV GeForce 7600 GT
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USB 2.1
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Samsung 17 in LCD
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80G Western Digital
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