I just finished testing it for a review here in Spain... this game definitely rocks.
The European version looks a bit rushed... no russian missions or campaign, some small flaws in HW acceleration with T&L, and the netcode still needs some optimization.
The good news for all you US guys is that the US version will have better netcode and dedicated server support (and a patch for european users

)
So far I've played 4 player coop via TCP-IP and it ran quite well (some small jumps when driving a jeep).
As for the relaxed flight mode... what can I say. It's true, but since there's no joystick support as of now, my guess is that the flying aspect of the game will eventually improve.
Flying an UH-60 NOE or looking for targets in an A10 is really an experience

I could tell some stories that sell the game themselves... for instance the other day I was in a Shilka and a Cobra got me with 2 TOWs, so both the driver and I had to disembark. I saw my driver running for the trees and I thought "what the..." and sure enough, the Cobra turned around for another pass, saw me, and I was history"

Definitely one of the best games I've played in a long time.
Daniel, aka Cyrano
PS: If you have questions about the game, don't hesitate to ask. My copy is valid another 20 days, so I'll make the most of them (until I got my retail copy, that is

)