IMHO the 262 is on it's way to a better place.  YES, it does seem a bit sluggish.  YES, alt x is not a good idea (I use shift x if anythig at all).  However, don't knock the model untill you have spent some time with it.  I personally like the new 262 model.  It is no longer the UBER make an ace in a day wit it plane.  I like this.  It takes some moderate skill to fly it.  I think that makes a GREAT perk plane.  The 262 can still produce wonderful results each hop.  It just seems you have to be a little more patient with it.  But yes, the autolevel issue is real, and needs to be fixed.