When cinematic camera mode is enabled, and I'm in motion and banking to the left or right with the mouse as I also move with the directional keys, the view hitches and jerks in an extremely obvious way. This only happens when the player is moving and turns the view while in cinematic mode.
The effect is more pronounced on Render Distance 16, but is also observable on Render Distance 2 and every setting in between. No other settings seem to have any affect on it whatsoever.
I believe this bug was present in previous versions (1.7 for sure) but it has become much more obvious, making use of cinematic mode unsuitable for videos if the POV is to be in motion as the camera pans and turns.