The 2.05 patch has launched Wings of Victory into the flight sim hall of fame. The frequent crashes of the previous versions have been almost entirely eliminated, and what you have now is a very realistic, very pretty and very fun game. There is a fairly steep learning curve, but beginners can switch to the ‘novice’ flight model which prevents stalls, spins and the like.
You will definitely need a joystick or HOTAS for WoV. The Saitek Cyborg Evo that I bought from GP works well with the game.
Only downside is the lack of multiplayer and the slightly confusing menu system.