It is not the "simple position of a small circle". The vanishing line is lowered to coincide with the reticle. Every polygon in the scene is drawn differently because of the shift in perspective. And yes, the human brain can pick out this difference. And yes, the human brain can disagree with what it sees. Consciously or unconsciously. My hypothesis has a basis in established facts which you seem blissfully unaware of.
Does anybody know if there's a CE mod where someone tried to lower the reticle? With all the attempts made to recreate Halo 2 or 3 with CE, you'd think someone would have. Although, as I said, it ain't as simple as drawing a UI element a little bit further down.
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