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Ace Combat
The XBL dogfighting looks pretty cool. I used to tear up the flight sims a while back. I loved multiplayer but it always turned into a one sided battle because no-one I knew played them. Live would make for some tense battles. Flight sims remain, to this day, the single reason I have to use 'inverted' Y axis controls for first person shooters.
forget the peripheral though.. sheesh 150 bucks? I can buy a couple guitar hero's for that price.
Let me know if anyone gets into this game, I'll definitely consider it if it has good XBL features.