Part 3 - Graphical Mods
Alternatives
Morrowind Watercolored
An alternative to all of the graphical enhancements listed here is PeterBitt's Morrowind Watercolored, which simply gives all of Morrowind a neat watercolour effect. This makes the game feel a little less dated, and more stylised. The downside with this is that if you install any mods that include new textures, they will look out-of-place.

Morrowind Overhaul - Sounds & Graphics
Another alternative to the mods listed here is Morrowind Overhaul by Ornitocopter, which is a compilation of numerous graphical and sound mods with an easy-to-use installer, "intended for people who would prefer not to hand-pick mods out of the thousands of mods available".