Now, this is just speculation, so don’t flame k?
Here ya go:
Can I haz click?
That is what I’ve imagined. Of course with a more “Halo” look and environment. But I think what 343 is trying to capture is really making you feel like you’re inside all that Spartan gadget and gizmos. Your thoughts?
I agree. They said they want to make playing the Chief feel more like a camera on a stick. You’re carrying heavy armor and I suppose (hope) they’ve added HUD-bobbing like in Crysis 2, so it feels like the HUD is actually projected in your helmet 
Good analogy I think so too but oth slightly better graphics considering its going to be a late 2012 game