First make these three marcos:
To get this to work you need to be in First person...
Edited for Clarity. I've never USED THIS, just seen it posted.
From what the nerds say, this will trick the cameras.
2nd part is: there are actually 2 macro's that will allow you to "Target/Focus" your opponent in stealth. The 2nd macro (which I can't find) basically uses your combat log to target a "stealthed" opponent (IF HE/SHE IS TARGETING YOU).
but here is the main camera macro.
/console CameraBobbing 1
/console CameraBobbingFrequency 0.01
/console CameraBobbingSmoothSpeed 0.0028
/console CameraBobbingLRAmplitude 0
/console CameraBobbingUDAmplitude 10000
Macro 2 (this will change horizontal value of camera)
/console CameraBobbing 1
/console CameraBobbingFrequency 0.01
/console CameraBobbingSmoothSpeed 0.0028
/console CameraBobbingLRAmplitude 9000
/console CameraBobbingUDAmplitude 3000
Macro 3 (this will reset camera to normal)
/console cameraBobbingSmoothSpeed 50
/console cameraBobbingLRAmplitude 0
/console cameraBobbingUDAmplitude 0
Ps... And don't forget the "Model Editing"... You can change the model of a stealther as well... Change the stealthing "animation" and so on... there are a number of things to exploit the world of stealth.