I fly Lancasters and this post is for my fellow Lanc pilots who seem to be on the verge of
quitting AH.
How to hit your target:
The complete sequence is as follows, try to follow it exactly.
1. Setup your run
a) Line up for your target on an east to west line from a point where you can have stable speed.
b) Don't travel north or south because of the constant 'wind' drift to the east.
c) Don't travel east because the bombsight model has errors which accumulate.
d) Make your runs from 20K to 24K as you don't have time to fight off bandits.
2. Set your salvo and delay. Initially set salvo 7 delay 0.60.
3. About one sector out, jump to the nose gun.
4. Zoom and then zoom to maximum.
5. Jump to outside view, press F3.
6. Scan for the target on maximum zoom.
7. Once you spot the target, line up your aircraft on the target.
8. Jump to the bombsight. To do so you must press 1, then F6.
9. DON'T LEAVE THE BOMBSIGHT UNTIL YOUR EGGS ARE OUT.
10. Open the bombay doors (hopefully it will slow you down all the way
in.)
11. Calibrate your bombsight, six seconds is plenty, it's possible to
do it twice if you want to calibrate at the last second, but barely.
12. Start dropping your eggs early say 1/4 of a small field. The initial impact should
be almost on your release point but we want to make sure you take out your target.
13. Jump to the tail gun and look for bandits.
14. Back to the bombsight to watch for damage in calibration mode.
15. Cancel calibration mode. It will cause problems on your next run if you don't.
16. Exit the bombsight.
As you get more comfortable with the system, you can use fewer eggs and release closer to the
target.
Why it works:
The bombsight doesn't properly calibrate your speed. Your eggs will always fall long.
The bombsight doesn't properly calibrate the easterly wind. Your eggs will always fall east of
your drop point.
As it turns out, the wind error and the speed error are about equal so if you travel west, the
wind error blows your eggs backward canceling the speed error.
This information should put you back on course, just try not to hit us Knights for a while, ok?

Thanks to my squad mates, Brex and the rest of you who helped confirm this.