Ok, I have been fiddling a bit more with the Full Mission Builder in CoD, and this is what I have come up with:
http://www.youtube.com/user/wwwDOTda.../2/s73zSerW6-Y
Do watch it full-screen...
In strict adherence to the WYSIWYG principle (what you see is what you get) I've just let the capture program run during a mission. So, no fancy editing, effects, music, etc. Pure dogma movie-making as my fellow country-men Vinterberg and Von Trier would have liked it
http://en.wikipedia.org/wiki/Dogme_95
The youtubeified version of the 5½ gig capture looks a good deal worse than the real deal: compression artifacts, washed out details, shimmering, lower frame rate, etc., but still gives a good idea of what the sim looks like.
As you can see I am no good at dogfighting. Zero situational awareness

- But, hey, it is early days, and I have a chance to practice unlike the poor sods who did this for real...
Hope you like it, comments very welcome!