I was just curious about this mode, since we didn't see it in the movie. Mostly, I was curious about whether we might see it in the next film and I realized that those "Ships of Star Wars"-type books tend to have little details like that. I don't know if they have one of those books for Episode II vehicles yet, but if they did I as hoping someone could do a tad bit of research and see if it says anything about a "Fight Mode."
Personally, I really think it looks cool. I was just wondering if it looking cool was the only reason Hasbro did it, or if they had some inspiration from the source.