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The F-16 doesn't have the capability of surviving down low like an F-15 or F-111 did. Basically if you look at what happened in Desert Storm and Operation Iraqi Freedom most F-16s were used at high altitude or for combat air patrol. It is basically a relatively easy aircraft to fly, but I would take an F-15E over an F-16 any day.
...It doesn't have anything any other aeroplanes do better. Just like that there is a lot of propaganda on the F-16.
http://www.f-16.net/interviews_article35.html