I agree that the camera is way to limited, we have a beautiful world crafted by larian but we are not allowed to look at it.
The downside would be that we would be able to se how ridiculously small our little adventure theme park is. Basically if we were to look out into the horizon in the grove, we could wave to the goblins in the temple(yeah yeah a little hyperbole never hurt anyone...), so it would kinda ruin the immersion(what little there is).