I am new here but I thought that I might share what I do for fun. I am the flight lead of a 6 ship demonstration team we emulate the USAF Thunderbirds Flight Demonstration Squadron. Well here is a few pictures, to show what we do. Formation is our thing. One difference is that we fly in Prepar3d which is like FSX's younger brother with more stable Multiplayer.
(Sorry about the watermarks, they get branded onto all of our images if they go on our website.)
Diamond Pass In Review
Trail Formation
Trail to Diamond (Just before the transition)
Fingertip Formation Takeoff