Alright guys after weeks of stumbling to find answers if the 6 channel transmitter which comes with the HBK2 with the flight simulator, I am happy to report that it can be done. I got all kids of responses to my query; some said that 6 Ch transmitter can not be used and that I'd have to buy the controller with the flight sim software for around $20. I was curious to find out if my 6 Ch Tx could be used via the Serial-USB cable. So here it is.....Yes a 6 Ch Tx can be used successfully by connecting the transmitter via the Serial-USB cable. Just that some settings have to be made to the dip switches at the back of the transmitter. The following link gives guidance to do this step.....By the way, Jim at jaghobbies is a great help should you have any questions. He's great when it comes to parts and timely shipping/delivery. Good luck and happy flying.
http://www.jaghobbies.com/rc_cars/simulator_cable.htm
KM