LtPillur, reference the nose bouncing.
First thing you need to do is from the clipboard click on setup------>Joystick and then click on the force feedback tab. Make sure you put an X in the box labelled "disable all forces", then click apply. The reason for this is that (and I may be wrong here) I think it is enabled by default, and will cause some pretty weird stick scaling and feel problems, if you do not have a FFB stick.
Recalibrate your stick in windows and then again in the game.
Try it out and see what you think. Then you can go play with scaling, damping and deadband.
As for the rest, perserverence and practice. It will come to you.
hope this helps, and welcome to AH.
cheers,
RTR