Not a game breaking issue but this is starting to get annoying everytime I see it, most of my light armor characters look like they got scoliosis when they're running because of it. Even in this posed picture which is currently being used as the ESO Gold advertisement on Facebook, you can see the floating thieves guild shoulders. You can also see these right at the very start of the game in the character creation screen.
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...and I'm not the only one that has noticed it.