Also if you notice when you play in first person you see the world from the height of your characters chest rather then their head. I hate this and want to change it ASAP.
Yeah, it is SUPER annoying! I am an Altmer, and in 3rd person I am very much taller than Lydia but in 1st person she is looking down on me! It is so stupid!And when you switch from 1st to 3rd and vice versa, you can see Lydias head look down when you switch to 1st....So lame...Please Fix!
You can adjust the first-person camera by changing fov:
Console:
fov 80
Or in SkyrimPerfs.ini, under general, add:
fdefaultfov=80
80 does the job for me; default is 65 or so, you can try out different numbers ingame with the console and put it in your ini afterwards to make it default (apparently, console fov resets after dying and stuff).
Added bonus: You can see your shield in front of you.