gprr, run the IL2 Setup program. Under the graphics settings area, select Radeon from the drop down menu. Save that, then go back to your config.ini file and set Water=2, forest=3 and effects=2 near the bottom.
Thankes ArgonV
This is my OGL conf.ini section after 6 months of a lot of testing:
[Render_OpenGL]
TexQual=3
TexMipFilter=3
TexCompress=2 >>>>>>>>>>>>helps a lot with no real IQ lose
TexFlags.UseDither=0
TexFlags.UseAlpha=0
TexFlags.UseIndex=0
TexFlags.PolygonStipple=0
TexFlags.UseClampedSprites=0
TexFlags.DrawLandByTriangles=0
TexFlags.UseVertexArrays=0
TexFlags.DisableAPIExtensions=0
TexFlags.ARBMultitextureExt=1
TexFlags.TexEnvCombineExt=1
TexFlags.SecondaryColorExt=1
TexFlags.VertexArrayExt=0
TexFlags.ClipHintExt=0
TexFlags.UsePaletteExt=0
TexFlags.TexAnisotropicExt=1
TexFlags.TexCompressARBExt=1 >>>>>>>>>>>>>>>> gose with TexCompress
TexFlags.TexEnvCombine4NV=0
TexFlags.TexEnvCombineDot3=1
TexFlags.DepthClampNV=0
TexFlags.SeparateSpecular=1
TexFlags.TextureShaderNV=0
HardwareShaders=1
Shadows=2
Specular=2
SpecularLight=2
DiffuseLight=2
DynamicalLights=1
MeshDetail=2
VisibilityDistance=3
Sky=2
Forest=3
LandShading=2 >>>>>>>
Eliminats small amount of clouds and their shade that the game throws in even in clear weather + dosen't show shadows caused by dirt during explosions(10% FPS up from =3)LandDetails=2
LandGeom=3
TexLarge=1
TexLandQual=3
TexLandLarge=1
VideoSetupId=10
Water=2
Effects=1
ForceShaders1x=0
PolygonOffsetFactor=-0.0625
PolygonOffsetUnits=-1.0
I7 920@3.92GH
REZ:1920x1200
AA=12 Adge detect
AF=16
Cat AI disabled
V.Sync on
T.Buffer on
BlackDeath track result:
MIN FPS=37
AVG FPS above 100
>>>>>>>>> Sorry thats with V.Sync=off
Updatet results with V.Sync=on :
Frames Time (ms) Min Max Avg
8744---- 150000------- 38---- 64---- 58.293
When TexFlags.ClipHintExt=1 :
Frames Time (ms) Min Max Avg
8742--- 150000------- 37---- 64---- 58.28
That is for my setup, is not reccomend to leave it =1 as the guide here says:
http://forums.ubi.com/eve/forums/a/tpc/f/23110283/m/8421008855effects=2 is not reccomended - it is problem creator and it didn't change anything for me.
After testing,chose to stay with 9.10 ogl driver because it is smoother and has better FPS than 10.5 !!!
CAT 10.3 are best but contain blocky text that hase to be removed before gaming.
Update #2:
Went back to CAT 10.3 to avoid CCC settings being reset on PC reboot.
Went back to LandShading=3 because Blocky text can't be cleard in 10.3 if set to other than =3 + hate to know some explosion shadows are lost(crazy me 
)
Cheers
gprr