Yeah, seems all anyone makes these days are arcade style flight games. Aside from straight up simulators, the X-Wing franchise has been my favourite flight style game, it has dissapointed me to no end that Lucasarts keeps pumping out Rogue Squadrons and Jedi Starfighters, but has abandoned the more sim-style gameplay of the X-Wing franchise. I need more excuses to break out my old Saitek X45, other than getting around to Alliance and the original Crimson Skies (another great franchise that was abandoned to arcade shooter gameplay) so many years later.
Sadly in the gaming world simplicity and accessibility is king, more sophisticated and involved sims are out. While not exactly a flight sim, look at what they have done to Mechwarrior with that disgustingly oversimplified excuse for a mech game, mech assault.