If you have the money I highly recommend getting '04. It incorporates some nice aviation history. The old planes are a hoot, especially the St.Louis - you can't see where you're going! Hopefully your PC has some big cajones cause it's definitely a kick in the groin (maybe that means you want small ones, I dunno).
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You're fine. I'm running 1600mhz, 512mb, and a Gf3 Ti500 and it works for me. You can always tweak the options to get the desired FPS; just sacficice how purdy it looks for better performance.
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Does that mean that you are running MSFS2004 already?? I thought that it is not out yet.
The new ATI Radeons (9800) are much better than the old GeForces (yes, even the 4) but currently they cost well over $300 to 400 dollars. You would probably need a top card to run FS04 at full bells and whistles, but you could still use your GF4 for probably 80%+ of the bells and whistles....
Right now the ATI Radeon 9800 Pro is the top of the pack. So far Nvidia hasn't released an answer to ATI. They make a 128MB version and a 256MB version. The performance difference between the two is very nominal so the $100 difference isn't really justified. The 9800 Pro 128mb will run you around $380.
Here is a link to a thread in which we talked about his a little before jetcareers link.
Cut and pasted from that thread. p.s. that link to the GeForce fan still works.
Ugh, how to get into this without sounding like a dork.
As far as graphics cards are concerned NVIDIA always seemed to be a step ahead of ATI until recently. The new ATI Radeon's put the new NVIDIA GeForceFX series to shame. Not only did it take NVIDIA longer to release their card, it also gets beat on most benchmarks. And if that's not a big enough kick in the nuts NVIDIA also had to overclock their card at the factory to get it even remotely close to Radeon's numbers.