Thank you for the advice!
After being told that my hardware should be sufficient I did some investigating and found that editing the settings file allows you to lower the settings lower than the in game interface lets you. I can get 60 fps now most of the time.
Currently, this game is by far the one that I play the most. In story mode I tend to get very low fps, especially when carrying the torch. (I'm guessing the awesome lighting is one of the most intensive processes in this game). I run all the settings on low.
I am thinking of upgrading my...