This conversation has been merged. Please reference the main conversation: Photoshop: Please allow the ability to transform when zoomed in past the visibiity of the transform box
I'm a professional retoucher and both me and many of my colleagues have wondered why nobody ever addressed this...
What I would suggest is a simple on/off option that shows up when the transform tool is in use, allowing us to bring up a visible "projection" of the transform handles that zooms with us. This would allow you to manipulate the handles that are now out of your view while keeping the image zoomed in close enough where you can actually see what you're doing.