I played a lot more stealthy characters in Oblivion than I play in Skyrim. I'm playing a spellsword kinda character, with a focus on Destruction, Conjuration, Enchanting, and One-Handed Weapons. I kinda prefer maces, weirdly enough. My usual strategy is either to summon up an Atronach and run in swinging my mace or to hang back, dodge arrows, and Ice Spike everything with a pulse. It's actually a lot of fun.
OT: I'm not 100% sure whether my main Oblivion character (stealthy Wood Elf with bows and such) could take out the whole party I cart around in Skyrim (including me, Jenassa, Vigilance, and usually a Flame Atronach).