The latest development version, which is quite stable, is 3.8.2-SVN_rev-0178
The program has in-built MWSE (Morrowind Script Extender), so you don't need to use its standalone version. Laptops with integrated graphic cards have especially hard time running it. It is only recommended for use on more modern/powerful computers, as the improvements come at the cost of considerable FPS hit. It includes features like 16:9 aspect ratio, v-sync, and distant land. MGE (short for Morrowind Graphics Extender) improves the graphics of Morrowind. 2 How to Install/Reinstall/Uninstall MGE v3.8.2-SVN_rev-0178.
