I think I'm about halfway through chapter two, and I only realised last night that you can switch to first-person view!
I think I prefer moving around towns, and especially shops, in first-person since you can see what you're interacting with more easily, and you do away with the lumbering turing circle and jerky stopping and starting motions Arthur has at times. I haven't done any gunfighting in first-person yet, but it seems like that might feel smoother too.
I can't decide whether this is something I'll stick with or not. It looks cool to feel closer to the detailed world, but it puts Arthur as a character less front-and-centre, and the game hasn't felt for me yet like my own sandbox, but more Arthur's story in that world.
There's no way I'd want first-person on horseback, and I can't imagine it working well for fistights either. I think using the setting to switch back to third-person in cover might also be best.
Anyone else played through very much of the game in first-person?