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That is incorrect: different races have different starting stats. Gender is cosmetic.
So far, the only flying sequences beta testers have encountered are on-rails: you have camera control, but that's it.
I'm not the person to ask. The game does use plenty of dynamic lighting, though.
Just reread what I wrote and I guess it's a bit confusing. Aralon HD, which is Universal and thoroughly tested on iPad, iPhone 4, iPodTouch 4th...