I really like third person view, seeing my characters appearance makes the game more fun for me, but what I am missing is the ability to lock my camera likecwhat happens when you draw a weapon. The camera locks into over the shoulder mode and it's great. Put the gun away, and pressing down turns my character towards the screen instead of walking backwards, it's pretty terrible.
So now I walk with a gun out all the time even when I don't want to.
Note: I haven't bought the pc version yet (I think my wife would kill me) so I don't know if this affects my friends playing via pc, but I'd imagine so.