I've run in a weird issue which is easily reproduced, i've switched to RC3 recently. Can't say I noticed this before in the nightly build I was using (but then again, I didn't had the frame rate counter on most of the time)
The issue is as follows, with contrails enabled (min display speed 30 or so) place a bunch of fighters (4-8 or so) at a distance of 4000 clicks (any distance, as long as they dont attack you) with No initial orders and start the mission. When I do this, my frame rate drops to 60-70 (I dont have v-sync enabled) depending on the amount of ships on screen.
Now go back into fred and give all of these ships initial orders (attack, move to way point, whatever as long as they are moving around). When I do this my frame rate instantly restores to 114-120. As long as the AI ships are moving about. As long as even one of them is idiling about the frame rate drops by 20 or so
At first I figured this was because of my modding but it also happens in FS2 with just mediavp's enabled.