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The View Point parameters are only available for Servers and allow changing the position from where the output (which can be seen as a second camera that passes its result to the graphics card) looks at the camera texture. The default position of the output (-camera) is at (XYZ = 0,0,-3000) when the units are set to be pixels and (XYZ = 0,0,-25) when the units are changed to be generic units.
Typically the view point option will not be used in 99% of all cases. Advanced users only!