Pilot wounds are one of the most sickeningly gamey parts of the game.
let me get this right, you get shot, black out, can still control the plane while blacked out, and then fade in and out of consiousness untill you die, with no other effects?
Here's a suggestion for re-worked pilot wounds,
When you get wounded, two things could happen. Reduced G tolerance and reduced strength.
So when wounded, you might black out at only 4 or 5 g's, and only be able to extert half of the force on the stick as normal, depending on how badly wounded you are. Untill you finally DO black out and die.