Nah, it's not smut fogging up my sensors. Smut is nicely done, the references are worked in well, not just Great Events but also small, mundane things here and there. Few to no (not sure, didn't exactly go hunting for them) spelling/grammar issues. Couple of interesting twists, both small (you know, I've seen Bound Weapons and Summoned Atronarchs and such, but this is the first time I've seen a summoned/bound Daedric Cock) and large (ending-that-was-not-the-end, real ending).
Oh, and your story may have orce/elf rough sex, but methinks it does not follow the stereotype. 'cause, you know, the Orc isn't the one with the cock. Well, in most chapters.