That email is definitely legit, Novalogic posted it on the official news/announcements section of Novaworld back in 2011. See
here. Since then, a number of things have happened, including the failed lawsuit with Activision, which some speculated was a last ditch effort for funding. Apparently not, as they're still around updating 16 year old flight sims...
Wonder if MajorHeadache is any more in the loop about things than us? May be worth giving him a shout. I figured he just pulled the info from NovaWorld.
BulletMagnet, I have also thought about emailing that F22 address. I guess there's no harm in trying it. I figured if the CEO didn't respond, no one else will have permission to discuss it due to NDAs.
Scott - excellent point about CoD
Bullet - what would you do with the source code if you had it?