There has not been an update on Flight in over a month, until today. Microsoft has revised the news page on the Flight website to be like a little blog. They have answered some of the questions that many people are asking, but still not giving out a release date, or specific information.
I am starting to feel relieved that it will for sure, be a simulator. They also appear to want to have better performance on today's hardware. I sure hope this happens!
http://www.microsoft.com/games/flight/
8-)