That sounds and looks pretty cool, Lou. I'm looking for some BIIF charts now. Got any of those? Navigraph data is empty at that spot.
[edit]Ah, there we go. Finally some charts. http://www.caa.is/FlugmalahandbokinAIP/AeronauticalInformationPublication/Aerodromes/[/edit]
They only chart cat A and B types as it seems. Guess that explains why even the agile 737 had some trouble making it. How do you like the 737 by the way? Nice plane for that kind of stuff, huh?  :)

Here's a good story plus pictures on the Iceland flying. This includes a story about BIIF. http://www.flyingpirates.co.uk/iceland.html The Faeroes also come to my mind when looking at that northern part of the planet. There is some freeware out for those.