After playing for 3 days i can say, this game is solid. Ok it's not a simulator but as far as game immersion, good fights and plenty of opponents goes this game has it all.
I had some lag yesterday on 2 occasions, but overall the game runs smooth and the flying is fun and entertaining, and i love that because i've flown sims for a very very long time and never tried anything like this. As said the arcade mode is fun, it's like a flying circus

, an arena of just about any aircraft, really nice!
Beta version has no ship control available yet, but i guess this will be possible once the game goes in the next phase of development, the open Beta..