It looks vaguely like the artifacts I've seen in ETQW, and I think I've heard about it related to WoW - I got around it by playing with the settings for Vertex Buffer Objects (ARB_VBO) - in ETQW, enabling them for both Vertex Buffers and Index Buffers got around the problem.
It does have with GL_ARB_vertex_buffer_object. I had to disable this in wine via regedit.
So the issue is resolved
There is anyway to check if my GPU is providing the maximum performance?
Im getting ~20fps in WoW @ 1680x1050 with everything maxed
I would'not recommend running 3d games in windowed mode. ATI 4800 series gpus stay at 2d clock speed when running 3d games in windowed mode, which leads to subpar performance.
You can use the following command to see the current clock speed and gpu load of your 4850: