It does work. Set it to something absurdly high and watch the distant LoD load in slowly (and your FPS tank as well). The MIP_LOAD setting has to do with textures, while the LowQualityModels has to do with distant models for things like trees. You can easily see distant trees going from 3-D poly mod...
Stopping in again to amend my previous post. The effects DO take place without hitting "pause". You just have to get past the character selection menu.
Just to let you know that I still have to hit "pause" while playing ESO to get the effects to take hold. Not a big deal, but since 1.5.5.8 was suppose to fix it I thought you might like to know.
Just wanted to say it's the same for me. The fog is back with 1.5.5.7. Definitely set to false. I am using reshade if you think that makes a difference. edit: disabling and removing reshade files from the eso folder made no difference. edit 2 : Just an update, it's not just the fog, no settings seem...