Ok.. I'm more or less retarded

SO it took me a little bit to figure out what to actually do here..
First, get the sfsMOD for the link
www.kegetys.net/misc
Install that FIRST according to the read me. You simply toss the kegetys.dll file where it tells you and then AFTER you backup the Launcher.exe.config file you make the edits shown in RED in the readme.
Now, once that is done, download the lotex and the noSSAO mod folders and put those folders where they tell you (the maid IL2 COD Directory steam/steamapps etc.)
Then for simplicity sake, open STEAM and in LIBRARY right click on the IL2 game and go to properties.. Under the GENERAL tab go to launch options and enter the following..
-mod=nossao -mod=lowtex
thats it.. hit OK and exit...
When you run the game through steam those 2 should work..
RESULTS: I have a system that I run the Bomber Intercept Mission at 1920X1200 with everything set to HIGH and no AA (because I don't think its working anyway) and I turn the SHADOWS OFF Just SHADOWS
Before the MODS
fps merging with the He111's in my Hurricane ~60 fps
After those 2 MODS
fps merging with the He111's in my Hurricane
~102fps
Over London my FPS went from the 30's to the 60's Still some occasional stutters but after about a minute its smooth as glass.
This is NOT a trivial development for this game..this is HUGE. 1C and the crew needs to incorporate this into the US release version to give performance that people can really get into and generate good reviews and sales.. this is just the kind of HIGH return fix that could buy them the time to fix things while people can still play...