Welcome aboard DoolittleRaider!
It's all quite good, but I must saw the music and audio is top-notch. The battle scenes are good and delived a goos amount of suspense as well. The production is by far the best machinima film I've ever seen thus far, and I've seen an awful lot. I've even used fraps to rip my own little clips of my kills in CoD:UO. 10 out 10 for this one.
I know you said the film isn't a documentary, but I do wish you hadn't stated at the beginning that there were only 3 aircraft. It's kind of being nit-picky, but the fact that there were only about 15 total doesn't make the story any less dramatic in my opinion. However, if this is the only problem with the film you are doing quite well, and if someone is basing their historical knowledge on films/TV only, they won't know a panzer

from a penguin

anyways.
The section about 19 minutes in where you have three different panels showing different scenes is brilliant, I din't know this was even possible using PC based film editors. What program did you use if you don't mind my asking?