Have you ever held a sword son? if you hold a sword you do see your fist, and yes people DO hold their swords up to their faces depending on style as i posted before. also please take note that the camera is positioned at your jaw/neck but not your eyes in this game.
just watch a kendo video, basic kendo style is with your sword right in your damn face. do u want me to find you a link or can you handle it yourself?
Edit: Correction not basic kendo style, but its a basic 2 handed offensive style.
Edit: You can see it in this video at 2:00 where he's going into Kamae no Kata (Stance Kata 1:55-2:15) http://www.youtube.com/watch?v=JQM2i0d-cJU&feature=bf_play&list=FLdqDV2hfkcVc&index=1
Go ahead and link me to whatever it is that you're talking about because I can't find any examples of someone holding a sword with the hilt in front of their face (while the blade points upward).
Some have the hilt in front of their face while the blade points downward, and sometimes when the blade points towards their opponent, that's true.
But no, I can't find a SINGLE example of someone holding a sword the way our first person oblivion characters do. I would much rather end up being incorrect but at least get to see what you're talking about.
Even in that link you just posted! The guy is holding the sword level with his belly button, over his head at one point, and off to one shoulder, but not in front of his face.
I think you guys are missing my point, again. Maybe I'm not being clear enough.
2.04 is the closest he comes to holding it in front of his face, but even then he's using two hands (which is quite unlike the example I showed in the screenshot I'm talking about) and he's holding it off to one side.