Guild Wars 2

It’s deliberate. You pay more to look exotic while both normal and exotic sets are the same stat wise.

All of your points are correct, specifically the FoV. I don’t experience nausea but I have friends that do, however I do get headaches from it.
The camera positioning makes me feel like I am always looking down at the ground and having my character centered in the middle of the screen feels extremely unnatural especially when paired with the tiny FoV.
ArenaNet you have created such a beautiful world but what the player sees with the camera angle is about 70% ground and we miss so much of the horizon and sky. Moving the camera to look up causes it to collide with the ground even when zoomed in.This can easily be fixed just by adding another slider that lets you vertically position the camera/character similar to the left/right character positioning.