Please see the most recent updates in the "Where did the .com name go?" thread. Posts number 16 and 17.
I run everything on all fives except for MAW when I want to fly the Polesti Mission and have to cut it back to threes to get all the way into Romania.


The March 9th version fixes a number of issues including being compatible with the planes that have a reflective layer.
http://simhq.com/forum/ubbthreads.php/topics/3881675/64/DirectX_8_to_9_converter_March
. This looks like a significant addition to available CFS3 upgrades.
I believe Ankor plans to redo the CFS3 reflections in the future, but it's a lower priority for the time being, for now they are simply disabled. I'm holding off on doing a lot of hex editing on the models until we see how it is in final form.