There is a bug with the missile slider. At many settings it can make some missiles always miss.
ONLY EVER SET IT TO EXACTLY 50% OR EXACTLY 100%
It allegedly changes the likelyhood of the missile hitting, that is to say ALL missiles - your air to air / air to ground missiles and the AI bandits air to air / air to ground, all SAM's. Do not be fooled into thinking it only makes your missiles better.
missiles are modeled pretty bad in this game in my opinion. I have no idea about real missile efectivenes, but i hate the god damn F-15 missiles. Soposedly the american planes have better avionics and wepon systems, but i only manage to lock the missiles inside 10km range, so it kinda defeats the purpose of carying long range missiles. Thats the main reason i dont fly the f-15, because besides that, i love tat bird.