I've tried it. It is very much like FSX without the campaign/career feel. There are no awards or challenging missions. It is just a Flight Sim built on top of FSX.
With that said, it is very good and just as much fun to fly with improved graphics and add-ons like REX for real weather and the ability to add real flights and flight times.
There really is no difference between the Academic version and Professional version (except in price and a very small Academic watermark on the upper Right-Side of the screen).
Keep in mind, it is NOT being sold with entertainment in mind so there will be no "home" version. The Academic version will be the closest (and cheapest) version.
I do miss the career stats, medals, trophies, missions etc... but it is still worth getting.
I only got it because a couple years ago, I had to remove FSX from my PC to switch from Win7 32bit to Win7 64bit and since then, FSX thinks it's still on my PC and so will not re-install