I understand there was the exploits with being able to look through walls, but it feels SO very much worse to play with than in 1.19.
I have constantly been desyncing from my body, bugging out so badly that I cannot place or move around properly. Watching my body walk off without me is not a fun thing to experience.
As well, it seems like some of the animations, mining specifically in my case, suffered from a serious downgrade in quality.
I've played VS for years, and only with Immersive FP enabled, I do not like the regular first person animations and being unable to see my own body.
Please seriously consider reverting the changes you've made, fixing the exploit was not worth neutering the option as a whole.