If you play a song, restart it through the pause menu, change your camera preset after restarting, and then hit an OD activation, the camera bugs out and seems to do a strange amalgamation between your previous preset and the current one. In the video example I had Band 3 selected when I restarted, and then changed it to Hero 2 after ther restart. I had this happen on stream switching from Hero 2 to Band 3 mid-song after a restart as well, although it looked different (the highway moved up instead of down).
Tested this on both stable and nightly and it occurs on both.