I think so, also the helmet cam is a bit strange in my opinion.
I never see so much of my helmet when I'm wearing it.
I think its just the simulation of tunnel vision at higher speeds. I don't mind it, as its not distracting to me at all. I count gears and try to judge by sound, sometimes I glance down to see the RPM lights.
The motion blur can be turned off. Not sure about helmet cam though.