Oblivion:Loot Bag

Loot bags are items that spawn in a room when too many items have been dropped, resulting in the items in the room being transferred to the bag to reduce lag.

Uses

It was theorized that loot bags could be exploited to transfer quest items into an accessible container for the player to acquire. This would work on several items such as the Armor of Tiber Septim, or other lose items. Theoretically this would be faster than navigating through a dungeon to find these items, and in some cases could potentially cause sequence breaks due to acquiring items that are inaccessible otherwise.

Mechanics

Although the console versions are fairly easily able to spawn loot bags, the PC version appears to be near impossible. Analysis of the game's code has shown the following snippet:

GlobalMemoryStatus((LPMEMORYSTATUS)&local_20);
if (local_20.dwAvailPhys < 0x4000) {
    FUN_00401020("MemoryHeap::MemoryProblem");
if (DAT_00b02184 != (code *)0x0) {
    (*DAT_00b02184)(0,0x4000,DAT_00b32b04); // This indirect function pointer does some magic.
}
    FUN_00401040();
}