I have always raced in cockpit view...can get dizzying when playing through a projector with 2.5m screen...but you get used to it.
Anything over 10 laps at Phantom speed gets very disorientating though I must admit.
I'm pretty sure cockpit view is what Asayyeah uses as well.
Probably the reason for the Schnitzel regurgitation at the Euro Convention.