I concur.... I want to shoot/slash in first-person as I gallop along, not this crappy third-person garbage. If there's no first-person, I doubt I'll start using horses now any more than I ever have. They're superior mountain climbers, and that's about all mounts really have going for them.
I can see it now. You're riding along when you notice a big Elk run off to the side. You ready your bow from horse back and take aim...just as your horse halts to a dead stop as it slams into a tree and breaks it's neck, because you were unable to see where you were heading while aiming your bow.
Not to mention you'd ride down on an opponent with your weapon ready, then they'd suddenly side step and you have no idea how far to turn your horse to bring it back in line with your opponent. Then, while your turning in circles trying to relocate your opponent, he's lightning both you and your horse up like a bonfire with fireballs. Nothing quite like the smell of seared/scorched/cooked horseflesh in the morning.