"'Microsoft Flight' will bring a new perspective to the long-standing genre, welcoming everyone, including long-time fans, to experience the magic of flight."
They went the X-Com route and turned it into a FPS where you play a space marine shooting billions of aliens point blank in the face. The jetpack's wings were inspired by those of a Boeing 707 so the team is confident that fans of previous MSFS versions will be ecstatic. Look forward to lots of XBM exclusive specials where they report how they spent 600 hours laser-scanning every square-millimeter of those wings to show their respect for and dedication to the franchise.
By Windows-exclusive they mean that on PC it will be Windows-exclusive. The Windows version's outsourced to a team in Lower Elbonia, it's gonna appear 18 months after the Xbox-exclusive, will look worse, be riddled with bugs and every on screen piece of text will talk about Xbox Live and the 360 pad.
But hey, you can always play Age of Farmvilles while you're waiting.