What will it feature?
What are the chances of it being on gog/steam ?
It will feature at least the two planes Polovski has been kind enough to preview for us. Other than that, we know almost nothing. OBD will give us more details as UE gets closer to the release date. This has been their standard method for some time. They don't want to give details until they are absolutely certain what will make it into the release.
As for being on Steam / GOG, this is unfortunately well trod territory. It has to do with licensing issues with Microsoft Combat Flight Simulator 3. Regretfully there is a difference between "what would be great" and what is legally and financially possible.