When you have ENB in an Enabled state you're unable to activate the effects of Auriel's Bow (
https://www.youtube.com/watch?v=-YsFL9fTSvU ) but it works fine when you Disable ENB through SHIFT+F12 or manually in menu. I've gone through disabling different effects to see if it has any effect whatsoever but nothing so far. You can Enable the ENB and continue on your way after you've activated the effect with ENB disabled.
It's not just visual either, but the actual effect won't activate (disable sun damage for example). I've been unable to find any information regarding this so making this post.
I use v0.342