I remember saying years ago to a friend that in a few years we would be playing games with graphics better than the pre-rendered cut scenes, and now here we are! It is great that most games these days don't need to rely on pre-rendered cut scenes at all and can instead just use the games engine for them.

BTW, back to the FS2 engine, have you also seen the Wing Commander Saga mod? Found at http://www.wcsaga.com/ A complete remake of the Wing Commander universe. I'm now downloading that too to take a look.