got this from 1up ,
they say this is the setup, arcade simu???
The developers greatly simplified the game's controls from the PC version: You use the left-analog stick for pitching and yawing, while the right stick handles the throttle and rudder -- you don't need to hold the throttle forward to keep speed up a la Blazing Angels, however; you can set it and then leave it alone. The upper left of the screen displays the throttle, airspeed, ammo, and altitude numerically, while the upper right shows the radar -- a very minimal interface overall. You fire with the Right trigger, cycle through weapons with the Left bumper, and use the Back button to control the landing gears.
The D-Pad commands your fellow squadmates: left to assist you, up to attack the current target, etc. You cycle through targets by pressing A, and by holding it down you can lock-on. Once you target an enemy, you can track their position by holding down the left trigger. If you want to see the view from behind, you can press down on the right analog stick, or you can cycle through various views with the Y button. Got all that?
direct link below, in the interview it said arcade and realistic mode, but theere not that good informed, because we know from anton there is a simulation mode offcourse
http://www.1up.com/do/previewPage?cId=3174970&p=4