It isn't that bad for a first iteration. If they are seriously thinking about joining simulation market they will use this version as a foundation and improve it in future. XPlane got ATC in tenth version for example, you can't expect a newcomer to beat FSX or XPlane.
I hope for some nice soaring there.
I can if they wan't to compete with X-plane and FSX for my money
Business Basics 101: The market doesn't care how late to the party you are; they care that your not wearing the same dress as anyone else (ie, is your product innovative?) and did you bring anything good for the buffet (are your features up to snuff?).
Plus,the Aerofly team ISN'T a new comer. They've been doing this flight sim thing for a while...
...Just with smaller planes
They're an RC Flight sim developer.
I'm not surprised that all Aerofly has going for it is physics/graphics. An RC sim is still simulating physical flight,just not advanced systems, navigation, or communication. And that's exactly what Aeroflys weakness's are.
of note, with their latter RC iterations, they began to offer full-scale RC planes (such as a full size spitfire flown with your RC sim transmitter) as a fun extra, so they've been doing their full scale flight model Homework. Also, Aerofly's competitor, RealFlight, has started offering "FPV" flight, from your RC planes cockpit, so this probably evolved from an answer to that that as well.
Basically, this looks like a fun little side project for the devs. I'm not expecting this to go much further though, especially with flight around the corner.