Despite the name, the game is an amalgamation of various elements of the 194x series. For example, it includes health meter and bomb system from 1943: The Battle of Midway; charge-fire, land-based battle sections; and rank increases from 1941: Counter Attack, fighter lineup, bomb-based end-level bonus, level rank system from 19XX:The War Against Destiny.
IGN rated the XBLA version '7.0' (Decent), commenting on the short length of the game, "spotty" online play and poor value for money, but praising the graphical overhaul. Anthony Gallegos of 1UP rated the game 'B+', and stated that while the game was short, this added to its 'arcade' appeal. As of year-end 2010, the game has sold over 111,000 units. Sales at year-end 2011 were over 119,000 units.