It would be a pain for custom Models, nothing will align correctly, (unless the model has a "pin" to mark driver head position (in much the same way it marks a light source at the moment)... But how pheasable is it to have an embedded cockpit view in the game (least one that will work with the default models)...
I know it can be done with the Mediatracker, but this again brings up the Car skin issue, and also is left down to someone "making it properly" ...So an included default cam5 for cokpit to feel the fear from the drivers angle, would be nice i feel

If not possible, no biggie, TM is an exception where i will play without a cockpit view (other racers have to have it or i say buhbye

Could be pure awesome, and scary!!

Failing that, a camera "edit and save" mode, where we can set our own presets? (and solving the vehicle model problem in one swoop?) ^^