Held objects integrate linear velocity rather than integrating position directly

src/player/hold_component.gd

@@ -4,6 +4,9 @@ extends Node3D
 ## Held object position lerp acceleration.
 @export var hold_accel := 20.0
 
+## Held object position velocity scale.
+@export var hold_speed := 12.0
+
 ## The maximum distance the object may be from the hold point before breaking the hold.
 @export var max_distance := 3.0
 
@@ -23,8 +26,6 @@ var _original_damping: float
 var _original_collision_layer: int
 var _original_collision_mask: int
 
-var _linear_velocity := Vector3.ZERO
-
 @onready var interact_ray: RayCast3D = %InteractRay
 @onready var hold_point: Marker3D = %HoldPoint
 
@@ -47,9 +48,7 @@ func drop() -> void:
 	_held_object.linear_damp = _original_damping
 	_held_object.collision_layer = _original_collision_layer
 	_held_object.collision_mask = _original_collision_mask
-	_held_object.linear_velocity = _linear_velocity
 	_held_object = null
-	_linear_velocity = Vector3.ZERO
 
 
 func holding_object() -> bool:
@@ -76,12 +75,6 @@ func _physics_process(delta: float) -> void:
 		drop()
 		return
 
-	var held_object_last_position := _held_object.global_position
-
 	var weight := 1 - exp(-hold_accel * delta)
-	_held_object.global_position = _held_object.global_position.lerp(
-		hold_point.global_position, weight
-	)
+	_held_object.linear_velocity = _held_object.linear_velocity.lerp(diff * hold_speed, weight)
 	_held_object.global_basis = _held_object.global_basis.slerp(global_basis, weight)
-
-	_linear_velocity = (_held_object.global_position - held_object_last_position) / delta

src/player/player.tscn

@@ -690,6 +690,7 @@ unique_name_in_owner = true
 transform = Transform3D(1, 0, 0, 0, 1, 0, 0, 0, 1, 0, 0, -1)
 
 [node name="DebugHoldPoint" type="MeshInstance3D" parent="CameraPosition/CameraPivot/TransformedPosition/CamRumbler/Camera3D/HoldComponent/HoldPoint"]
+visible = false
 mesh = SubResource("SphereMesh_h0enb")
 skeleton = NodePath("../..")