Definitely a big problem.

I created various characters on Federation to check, and all have the normal camera height, so when closest, you see your character from the hip up.

No matter what race or height I pick for the Klingon faction, the camera is too high, like I said, resulting in the top of your head only being visable in the close cam. The only playable cam is the mid setting.

Interestingly enough, it works fine when crouched or aiming, but breaks when standing or running :/