The UCCE version 2.0 does support 1920 x 1080 resolution.
The Saitek X52 should work on Windows 7 64. Driver here: http://www.microsoft.com/windows/compatibility/Windows-7/en-us/Details.aspx?type=Hardware&p=Saitek%20X52%20Pro%20USB%20Flight%20Game%20Controller&v=Saitek&uid=PS28&pf=3&pi=8&c=Mice%2C%20Keyboards%20%26%20Input%20Devices&sc=Game%20Controllers&os=32-bit
The scope of the game will be the biggest you've ever seen in singleplayer.