The way I set up my throttle quadrant is this:
left throttle is set up for RPM control
right throttle is set up for Manifold control
Pointer finger hat set to flaps up/down, rudder trim left/right
Pinky finger button set to check-6
Toggle switch on the left throttle is set to start/stop film recording.
Thumb hat depress set to WEP
Speed Brake switch set to dive brakes in the forward position, and aft (put it forward to extend, and when you're done using them, just pull it back and it snaps into the neutral position after retracting)
Boat and china hat switches I haven't found a use for yet.
Fuel flow switches I don't use.
Engine 1 switch is Engine start/stop assigned to the forward position, AND the back position.
Engine 2 switch I have set to landing gears in the same way.
This way, when you start the engine or raise your landing gears, it is in the forward position, which then retracts automatically to neutral. When it's time to shut the engine down, or lower the landing gear, switches down feels a lot more natural.
Throttle friction wheel is set to elevator trim.
LG SIL is set to hook
AutoPilot switch- Path position is auto-level, Alt position is auto-climb, and engage/disengage is set to enable/disable combat trim.
EAC is set to pause tracker (for pausing trackIR), RDR ALTIM is set to center tracker (for TrackIR)
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The stick
Trim hat I have set to nose down/up, aileron left/right.
Target Management Hat I have set to views (acts as a POV switch, and keeps my thumb from being way out of position in hard fights)- forward is set to the position as up and forward as possible while still able to see the gunsite pipper for deflection shots.
Weapon Release Button is set to pickle bombs/rockets.
Master Mode button set to select secondary
trigger- 1st stage- primary bank 2nd stage- fire all guns (this is broken, still waiting on HTC to fix it. It fires prim and secondary weapons, no matter what's selected- it seems like it should be set to simply fire all the guns on the airplane)
Data Management Hat I haven't used yet.
Countermeasures hat- Forward - vox com channel, back- range channel, right- clipboard, depress- Ventrillo vox
Pinky button- zoom
Pinkly switch- look up (use in conjunction with the TMS for up+view).