Why not hit "B" when you want to see something without the HUD? Hiding the entire UI is ok briefly, but there's too much information in the rest of the UI for that to be practical for more than brief moments.
The targeting circle merely identifies the center of your screen and it is supplemented by the target under the circle being highlighted. If you couldn't make the circle a combat-only or hot-key toggle (so its still there when you want it, but not when you're trying to enjoy the scenery) you could still look for the target…
As the title says, any way to hide the default targeting reticule (dot and circle)? Thanks for the reply. I was hoping I was missing a setting somewhere. Sadly I find it too annoying to enjoy the rest of the game. Guess I'll uninstall again.
I tried to reset my keybinds, only when I change Encounter #1 it changes both Encounter #1 and Daily #1 to the same key! Same with #2. I reset to defaults, apply, try again, same thing. Reset, log out, log in, try again, same thing. I want to like Neverwinter but the UI straightjacket drives me insane. Please fix this!