I love that so much. I don't play Oblivion myself, but I've seen enough of people playing it that I've gotten to love the game nonetheless. Do you have the Shivering Isles DLC? That's probably my favorite part. CHEESE! FOR EVERYONE! :D
Anyway, nice work on this pic! I like how you drew the scales and armor, and the overlapping shading elements are kinda cool, actually.