OK - I tried this with a higher-resolution texture
http://exp.arc.nasa.gov/downloads/celestia/extras/)
(Blue Marble VT, DDS format)
..and as you can see it's pretty much the same.
I conceed in this shot the viewpoint is a bit higher (500m) but I didn't seem to be able to get the camera any lower this time round. Either way, the curvature of the earth is quite pronounced and I can see right out past the humber estuary clear to Flamborough and Bridlington in East Yorkshire, a distance of approx 295 kilometers!
Surely this can't be right? the top of the Petronas Towers in Kuala Lumpur is at about 500m....
Regards
Dave