Correct. Here's some video shot with the most recent camera alignment. The 45 degree angle is very intuitive - it's pretty easy to guess what the camera is seeing, even without using the video goggles. I like the view angle, too. It's looking more downward, but has enough angle to show dimension. Also it's easier to fly over something and look back down at it from the other side.

http://www.youtube.com/watch?v=8PlmhnDTjzE