I believe that in recent video Bethesda clearly said that HUD is fixed so that user will be facing PS Camera in most cases, so that player won't lose the tracking. And well...smooth turning by swinging right Move? I think having smooth turning with X/O buttons will be better, as Moves do not possess the same accuracy as other motion controllers. Moves are reliable for pointing out the direction, and I like that-game is perfectly playable with it. However on right hand usually there are melee weapons and actions, such as picking up the items or activating things with Move button...not to mention that X/O buttons are already well implemented for gradual/instant turning options.

It is very simple, given that smooth turning is already available for DualShock and X/O buttons are already used for turns in other options: devs can add a third option for smooth turning, using the same buttons and smooth turning mechanic done on DualShock. Speed of smooth turning could be adjusted by separate slider. I know I sound like a broken record by that point-I'm very sorry for it. I just wish that devs would see the thread and implement the solution offered...