Microsoft Flight Simulator X Deluxe Edition compatibility

I'm technologically challenged, so I need some help. Can anyone tell me by looking at my computer specs below if Microsoft Flight Simulator X Deluxe Edition will work on this computer? If so, does anyone know how well it will work, or if the program will freeze up occasionally?

Emachines E1641-02W specs:
- Intel Celeron™ Dual Core processor
- 320 GB HDD
- 2GB RAM
- Windows 7 Ultimate 32, MS Office 2007, MS Works 9, Nero 9, MS Security Essentials, Google Earth, and Apple ITunes
- Black/Silver
NVIDIA® GeForce™ 7050 chipset (MCP73V)
System Memory1 Up to 4 GB of DDR2 667/800 MHz SDRAM (two DIMMs)
Hard Drive Serial ATA hard disk up to 1 TB1 per 3.5-inch drive
Optical Drive1 Optical drive options: •DVD-SuperMulti with Labelflash™ support
•DVD-ROM
Media Card Reader2 15-in-1 card reader, supporting: •CompactFlash® (Type I and II)
Expansion Bays Two 5.25-inch drive bays
Three 3.5-inch drive bays (one external, two internal)
Graphics NVIDIA GeForce 7050, featuring: •DirectX 9.0
•Shader Model 3.0
•NVIDIA CineFX 3.0
•NVIDIA nView Multi-Display
•NVIDIA Digital Vibrance Control 3.0
Audio Embedded high-definition audio with 7.1-channel audio support
Networking 10/100 Ethernet
I/O Ports Front: •Two USB 2.0 ports
•Headphone and microphone jacks
Rear: •Four USB 2.0 ports
•Ethernet (RJ-45) jack
•Six audio jacks
•D-sub VGA port
•Two PS/2 ports
I/O Expansion One PCI Express® ×16 slot
One PCI Express ×1 slot
Two One PCI conventional slots
Power Supply 250 W / 300 W