This was quite an interesting fight and really showed off the AI. I purposely set the two sides fairly close at the start of combat. 001 was shot down pretty quick from a lucky shot, but 002 really got into it with one of the Migs. It was a real turn fight for about 4 minutes before the F-14 finally got the upper hand.
You can actually setup the skill level of EACH pilot from novice to excellent, with about 5 choices in between. And it does make a difference. I had set up 003 and 004 as novice, and they splashed pretty quickly, while 002 (set on expert) gave quite a fight. So my initial reaction is that the AI was pretty good, as I never really saw them do anything stupid in this fight.