It will work for me in indoor areas, or outdoor areas if you dont use a lot of high res textures and it looks great! This is how I did it, i just downloaded the helix mod v1.04.12, rename enb's d3d9.dll to d3d9enb.dll, and drop helix's mod into the directory and it has its own d3d9.dll, it also has a file called DX9Settings.ini, open this file and under general make sure it has these lines (with the path being the correct path, this is just my path)
[General]
UseEndScene = false
ProxyLib=H:\Program Files (x86)\Steam\steamapps\common\skyrim\d3d9enb.dll
and then it will run for me, it will load .250 enb and also run in 3D Vision. Not sure how much difference this is making but I do have a somewhat fast system, overclocked i7-3960x, 32GB RAM and an nVidia GTX 690. it has a smooth framerate for me though in stereo.
it wont load enbhost so theres not memory management which of course is the issue that I guess as Boris says just wont work. I hope something gets figured out for the oculus rift and ENB when it comes out so that everything is smooth since its probably going to be several more years until we get another elder scrolls game
