I don't think so. I think what Manfred is talking about is that the virtual cockpit 3d model is situated too high in reference to the external Phantom 3d model. You will notice it quickly when recording a flight with the Phantom (e.g. using FS Recorder), and then loading that recorded file as AI aircraft, again using the Phantom and trying to be the wingman to yourself. As soon as you taxi alongside your (first flights) Phantom Lead, when looking out of the VC, you look down on the cockpit of the lead aircraft.
So it is not about the relative eye level but the absolute level of the VC above ground, or rather in reference to the external airframe model.