It's not just for noobs, but it's not good for simulation. I use a different view depending on the circumstances:
- Cockpit or Hood view if the car is rear wheel drive, unless I'm in traffic online, then I will switch to chase cam to see the other drivers better.
- Chase cam if the car is FF or 4WD.
I used to drive chase cam only, but started to prefer the feeling/visual input of cockpit/hood cam about 6 months ago if I'm driving a rear wheel drive car. In the onboard views, my driving is more consistent and I make very few mistakes, however I'm still faster, more aggressive and daring in chase cam at the expense of making more mistakes.
On PC sims though, I will only use cockpit or hood view, never chase cam, I'll only do that with Gran Turismo for some reason. I suppose it's because GT is still missing too much feedback from the car.