Would certainly not say that they weren't arsed to add the extra 2 degrees to it to not make it vertical...
Remember, Oblivion is a prototype coaster made 13+ (including development/concept time) years ago, where it may just not have been physically possible to either make the drop vertical, or based off testing the 90 degrees was deemed to much (indeed SheiKra opened with a 'true' vertical drop 7 years after Oblivion, lots of time for further developments and technological advancements)...
A 100% accurate answer is unlikely, but really, the difference is so low it barely makes a difference to you when you're on the ride...