i have an interesting development (partial solution) to this that i would like to share that may help others.
after having seen this painful behaviour for a couple of years now and having no apparent toggle for whether this is wanted or not i tried to show the workflow clearly to be able to pass this onto our helpful correspondant.
for so long experiencing this i thought it would be a simple task however this ended up quite confusing. the result was not consistent every single time i tried to record this workflow. i will cut to the chase to what i suspect will solve this at least for me.
i use several part & sheetmetal templates. all (or so i thought) have the home view setup on the iso and the home view is also set to "fit to view".
as far as i can tell so far (testing this while at the same time i am trying to get my current project completed) if you ensure that your .ipt templates have the following settings, you should not have the annoying behavior, or at least not as extreme anyway:
so, in your ipt template:
a) set your home view on the plane that you normally start your sketch on. if you have a sketch in your template then set your home view looking directly at that sketch to the level of zoom that you think will be least annoying (referring to your design spinning away from you as per OP).
b) choose whether to set your home view to "fit to view" or "fixed distance" depending on what you prefer to live with later on when you are designing.
what made this difficult to diagnose was that the spin-away behaviour is not so bad when you are merely within the part, but when you are carrying out an edit-in-place, within a large assembly, the spin-away action can be extreme, ie you go from looking at a part that is 100mm long, to finish sketch, to spin-away to be looking at the entire design which may be 50 meters long! you may very well not be finished messing with the sketch. or the other sketches in that part before you see the old spin-away, so that is why the F5 key was getting a workout!
i think this will help my situation, and i will keep testing it for a while. for now it seems to be ok. this may explain why sometimes this happens and sometimes this does not happen. i suspect that i have a few templates... some that i started and some that i have kept from time to time that i perhaps did not start, or setup the home view myself.
either way i wonder if any readers of this post would care to make a short and simple comment on whether you have tried this and consider it the issue resolved, advise whether your own templates are setup with the home view on the iso or square on the sketch, if any.
a quick comment may assist ADesk to follow up if they are able to.
ok, i have to get back to the job now
Inventor 2014 Pro on Windows 7, 64bit
(please give Kudos or Tag as Solved if your issue is resolved)
I teach Inventor classes and had a student ask me the same question you are asking. From my observations, working with Inventor 2013, the models don't actually rotate back to the home view, but will rotate back to the orientation of the model when a sketch is created. Therefore, I advise you to orient the part the way you want, then create / edit your sketch. This will allow you to switch back to the previous orientation, once the sketch is completed.
I share your frustration with the feature and this automatic rotate should really be a toggle option. Anyway, if you have any questions, please do not hesitate to contact me. Hope all else is well and have a most blessed day!
Found a very simple workaround:
Go into application options and under the sketch tab, regardless of whether or not "Look at sketch plane on sketch creation" is checked, make sure it is checked, hit apply, the uncheck it and hit apply again.
Worked for me, at least! This recycles whatever code is behind this option and reapplies it. Not sure how often I'll have to do this, but the undesirable functionality is now gone.