No mate, you can get much higher settings than that, throw anti-alaising & anisotropic filtering into the mix, then goto 1600x1200
Now your talking of high settings!
1024x768 is positively nasty by comparison!
I'm not "dissing you" I'm just trying to point out that, when compared to even mid range current cards, your current setup is easily bettered, and by a considerable margin.
Running FS9 with scenery set to Extremely dense etc with no slowdowns is what you want, its is a simulator after all.
For games such as first person shooters, I'd expect your setup to rock, sure it does. FS is a completely different ballgame, thankfully a ballgame where you reap rewards for a powerful 3D card.
You won't be dissapointed. ;)

Posting drivel here since Jan 31st, 2002. - That long!
"He who laughs last, thinks slowest."