XL, my son and I'd made a trip there a couple of years back. Unfortunately no photos as I left my phone in the car park, expecting the usual security hassles - only on entering did I realise that phones/ cameras were allowed
Like most museums in India it can do with a revamp, that said - they have some great exhibits and sonny & I really enjoyed ourselves!
As mentioned above, they have lots of old aircraft tracing the history of Indian aviation.
There's a Mig 25 (sans engines) parked outside the main hangar, it's nothing less than awe inspiring just standing there and peering into the humongous twin tunnels that comprise the engine bays!!
There's also the shot up fuselage of (IIRC) a Mig 21 which took some serious battering in the 71 war but returned its pilot safely home - a testament to both man and machine.
Of special interest would be a few handguns donated to the museum by ex-chief's. These are displayed close to the main entry where they have other small arms on display as well.
In typical fauji fashion the staff is courteous and helpful as well as very tolerant of minor mischief by the steady stream of children who visit them daily.
One of the least visited and most underrated museums in Delhi.
Cheers!
Abhijeet