The Pc version is better for one reason... Mods. There is this mod called Deadly Reflexes which adds tons of melee moves and supposidly makes melee combat much more fun. It adds shield bash, flips, and even decapitation.
I have tons of mods and I love my Oblivion game. I am also a part of a mod project thats been going for about a year now. The aim of the project is to re-build Kvatch and add in a whole bunch of new quests and allow the player to become the count of the city, or part of te Kvatch Legion. If you want to learn more you can go to:
http://kvatch.net (the site was designed by me)
Overall Oblivion is a great game, sad part was it was built for te 360 this time around and pretty much ported to the PC. The interface is clunky, and for a PC game it runs slightly sluggish in my opinion. For consoles its great though
