...
I first booted it in Vista using 100.59 forceware and IL2-1946 version 4.0.7.1m
I used 1280x960x32 and maximum settings (not perfect to be able to compare OGL and DX at first).
I just took a quick mission (A20C-Crimea-No AAA) and flew straight forward default FOV inside and checked the FPS using fraps. Default forceware settings, no anisiotropic filtering or aa, but with vertical sync off (no fun fps otherwise).
DirectX - 105fps
OpenGL - 70fps
Then I did it "my way" using 1280x1024x32, OpenGL perfect settings, water=4, 16x anisotropic and 16qx aa, and then I got 80fps. Weird, better than the test above with no bells and whistles.
OK, so how about XP then?
Same settings as above (accept forceware 97.92 for XP).
Standard settings:
DirectX: 150fps
OpenGL: 150fps
And "my way" all bells and wistles: 115-120fps (and it looks awsome!

)
...
To be a bit more professional about the testing, I did the BlackDeath track fraps test as NerdConnected did... "my way" settings (OGL 1280x1024x32, perfect landscape, water=4, 16x anisotropic, 16qx anti aliasing):
XP(SP2):
2007-02-05 22:52:04 - il2fb
Frames: 9886 - Time: 155544ms - Avg: 63.558 - Min: 31 - Max: 113
Vista 32 Ultimate:
2007-02-05 23:00:09 - il2fb
Frames: 6571 - Time: 155252ms - Avg: 42.325 - Min: 19 - Max: 87