This would be really cool!
What you could do is record your flight (Alt + R), and then use the view controls in the film viewer to follow your bomb down - not perfect, but it works!
thats what I was figuring, but maybe a view "bomb view" in the film viewer?
IIRC Falcon 4.0 had it in their film viewer, where you could watch a view of any bomb or missile, from launch all the way to target. it was interesting, I guess.. enough that I remember it....
but this seems like quite a big task.. and if htc has a task, it's should be workin on the game itself, not vaguely interesting film viewer views.. (imo of course)..