Interesting thread.
The Playstation Eye Head Tracking in GT5 is an alternative method of looking to the apex. I have not tried it, since I couldn't see myself turning my head to the side while looking straight ahead.
Here is a demo/review. It concludes that this implementation of head tracking is not quite up to the task, but is interesting technology. The reviewer clearly looks uncomfortable turning his head away from where his eyes are looking.
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super_gt, I like the look of your first video, with automatic looking to apex.
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Takata, if the behavior of the effect was adjustable, it might be more immersive than annoying. Maybe. I'm guessing, of course.
Multiscreen is fantastic, I can assure you, having used it in four generations of Forza. The ability to see right into the next corners feels so much more realistic than having my eyes glued straight ahead. PS3s are much cheaper now, as are good quality monitors.