Yes, you have to change the game options to show you more battles in the fleet combat viewer.

However, dont expect to see anything "weaving in and out". In general, all they do is fly around randomly and spew out random attacks.

IMHO, this is the largest let-down in the game. The ships display no co-ordination, or intelligent flight paths, its just random flying. They don't even fly towards the enemy. The attacks hardly ever match up to what is really happening on the play-by-play. Any view other than "Overhead" is basically useless since the ships dont steer towards eachother. And, the ships will often actually fly right through eachother (no clipping). Also, free camera roam is so insensitive to the mouse that its useless.

Its more like a old school tech demo than a star wars style "cinema experience"

Really, after a day or so you'll turn it off completely and just stick with the 2D battles.

About the only thing I need to see in combat in the attack and defence rating of the ships and you can find that out before going into combat.

The rest is pretty much eyecandy. After seeing one or two combats I am pretty much content that there is nothing more to view until tactical combat is a reality (not holding my breath on that one either)

I liked the combat from Imperium Galactica II myself. In MOO2 I usually had the PC autoplay the battles anyway. I haven't really been dissapointed yet, but then again I try to avoid battles with Influence & Diplomacy. I haven't had the time to invest in a strictly military campaign yet. Might be worth a look.