I just started playing this game, and for some reason reminds me of the SNES - Ultima Black Gate than PS2 Champions of Norrath.
I would have replied to a post but there isn't a reply option, only new post.
I have the PS2 game but the camera is always high, looks like the PC version lets you come down and zoom in more.
I downloaded the PC demo after getting the game on ebay but found that I don't have DirectX Vertex Shader version 2.0 so it won't play at all. At least with Champions of Norrath you could get a better zoom and slightly angled view instead of birds eye only with very very slight zoom.
Yes it's quite disappointing that the camera is stuck in birds eye view, when the games dvd case insert cover show screen-shots at a much lower angle.