So I downloaded F1 2012 to give the franchise another shot.
Playing career mode, done 2 races (50% length) so far. I have to say that so far it does feel like they have improved the AI drivers, haven't had anybody blindly turn into me, or ram me from behind yet.
So that's an improvement over the 2010 game, however now I have a whole new gripe and that is the difficulty setting. Granted I'm not a hardcore racing gamer, I don't have a wheel, I play with the same Logitech 3d joystick I played AH with. But I do like a good challenge so I start and run the first race (Australia) on "professional" difficulty, with me racing in a Caterham. AAAAnnnd I got whupped so bad it's not even funny, I expected to be near the rear in a Caterham, but I qualified dead last, and finished the race dead last, I couldn't even get near the other cars at my level like the other Caterham or the Marrusias or HRTs, they where all several tenths a lap faster no matter how hard I tried.
So I decide I'm in over my head and drop the difficulty level to "intermediate" for the next race in Malaysia. Low and behold on intermediate I put a Caterham on pole by half a second

and finish 3rd in the race only because my pit crew is slower then cold tar and 2 cars jumped me in the stops.

What a joke... seems like they got the difficulty settings all messed up, where for the average player "professional" = impossible, and only one step down "intermediate" means you can dominate in a Caterham....

They definitely need another setting in between it seems to me.