The wait is over! I was able to land a copy locally so I will find a new owner for the preorder that is set to arive next week. Amazingly the issues I had with camera and character movement in the demo are not a problem with the full game. I can only think it was just a glitch...
The camera automatically backs off the character when I am close enough and start combat. Also, the character will engage the flanking enemy automatically as long as there is no lock engaged on another one!
It's breast, butts and beer for me now..!!