none of this information makes a lot of sense to me to be perfectly honest.
Software 3d rendering is not going to be faster than hardware 3d rendering.
How about a few other things first.
Have you tweaked the settings in the flight sim itself? (that graphics chip is not going to max a modern flight sim)
Is the laptop getting enough air? (heat can actually hurt performance and you aren't exactly in the coldest part of the world to start with)
Are you certain you have the latest version of the CCC (graphics
driver) installed?
AMD Catalyst
note the bottom of the page first, that specific driver is not compatible with all laptops.
Also I see you have 32 bit windows and not 64bit, this is actually something that can make a difference in simulators as well. You have not been specific as to which one you are dealing with though.
Just to be clear though my system can't handle the latest MS flight simulator maxed without hiccuping here and there.
Just to give you an idea how your graphics rank against mine
GeForce GTX 580 vs Radeon HD 5450 – Performance Comparison Benchmarks @ Hardware Compare
...and I'm saying even mine isn't going to max it properly. It's really a multicard top shelf thing to hold all the physics and texture data. Also note that the mobility series of the gpu's are generally just a little bit slower than stand alone units in desktops.