I said above, cockpit view with wheel and arms off.
My only issue with the current system, is the limits placed on that head position. I'd love to be able to adjust it up just abit, I would also like to see some sideways adjustment, not much, say enough to move the view 2-3 inches to the right.
I use LHD, and in the FXO (i think) its a b#tch seeing the walls in left hand turns on SO due to the pillar.
But even with that issue, I won't stray from the cockpit view, its how I have been driving racing games on the PC forever....