So its been done, a fully playable Daggerfall-Unity build with bump mapping, shaders, real lighting, high res textures, hd sounds you name it: Check out the 43 minute play though here!

List of required mods in the video description..... this is so beautiful! <3

Where exactly?

In you-tube video description, author lists everything you need. 18 total for the effect, only one optional is tedious travel... unless you want to traverse the entire world on foot ;)

Found them - thanks.
But links don't work, except the first one. To find the mods, use that first link (to the DU main page) and click "forums".