This is a MSFS updated version of the standard traffic pattern tutorial for a C-172. The tutorial is based on the actual VFR traffic pattern flying of a C-172. It is important to note that the MSFS flying C-172, is only based on a real C-172.
This tutorial will give you proper VFR traffic pattern procedures, and it might answer some basic questions for avid MSFS-ers who would actually like to know what some real aviation procedures are like. And it might just make you a better MSFS pilot.
As far as how the MSFS compares to the actual flying, I personally find MSFS a little harder to fly than the real C-172, especially when trying to hold an altitude (exact trimming is almost impossible in the MSFS), and you also do not get a feel for the plane controls as you would in an actual plane.
I personally do use MSFS, mainly for IFR training. The hours may not count towards my simulator time, but a little extra experience never hurt anybody.
Enjoy.