I have to say that the weirdness of First Person horse riding in Oblivion is probably why we don't have it in this game.https://www.youtube.com/watch?v=GYjB2L6G9fE
Yea, as silly as that video is above, is just about how silly the First Person horse riding was in Oblivion. And, this is coming from someone who played all previous TES games in First Person exclusively. Moving around with a horse head sticking out of my lap was just too much.
/script SetSetting(SETTING_TYPE_CAMERA, CAMERA_SETTING_DISTANCE, 0)
You can already do it on PC since forever, though I will warn you that it is a bit clunky.
Paste the following in your chat box:/script SetSetting(SETTING_TYPE_CAMERA, CAMERA_SETTING_DISTANCE, 0)