Yes you can assign up to 12 channels. 5 on your TX and 7 on your keyboard. No prob! You can also assign, for instance a single channel that turns your smoke on, gear goes up and flaps are up. That same channel can lower the flaps, turn the smoke off and put the gear down. So 1 switch can operate your plane for landing or flying configuration. You can use a key to drop a bomb. You can also use keys for opening canopies, glider towing release, turn and rotate nozzle for the harrier, brakes, open and close doors and bunch of other options.

You can even use AFP for control line!