KSP is a simulation of space travel with little green men, giant rockets, and boulders. CoD: Ghosts is an FPS with guns, blood, and death. You really can't compare the two.
It's always worked fine for me. And a friend of mine. And another friend of mine. And my dad. And my cousin. And my mother. EDIT: I fly all of my aircraft in chase cam mode and it works exactly like you want it to.
No, he puked rainbow vomit all over his computer because he thought that Kerbal Space Program was updating. The final part of your post could've been left out completely, as it was entirely irrelevant. I have the same feeling whenever an addon for another game I play gets an update that is just a bugfix.
I've been using this mod since I found it on spaceport a few months ago. It was one of my favorite mods, despite it's simplicity. Now it's even better as of the new version.