I am mainly a solo PVE player, but I do some grouping & group dungeons. For me it really beaks any immersion at all to have that nearly bird's eye view that I see so commonly. I come from FPS games, and while I don't use first person, I keep my view just a bit above my char and maybe 10-15 meters back.
I know if you're in some end-game group with fancy rotations and such you probably need to see everything, but for me sitting up in the cheap seats on the upper deck is no way to watch a game, or play one.
Anyone agree?