If you mean by right click zoom then enter photomode, looks good to me. Not pixelatedI sent a support ticket just a few days ago regarding exactly this issue. It's safe to assume other players did the same, but anyway it's great to know they're actually listening to feedback from the community.
Anyhow, does anybody know if they by any chance have fixed the problem with photomode becoming pixelated if entering it while zooming? It's a bug introduced with 1.2 so i hope they fixed it. I can't check it right now.