North Korea: Threat or Blackmailer?

[CRedskinsRule]

Originally Posted by Alvin Walton

...
If North korea has 700 fighter jets then my name is Alice Cooper.
...

From the Library of Congress Document I linked earlier (p.252 actual 291 acrobat reader)

the [North Korean]air force has about 110,000 airmen and is equipped with an aging fleet of more than 1,600 aircraft that includes about 780 fighters, 80 bombers, 300 helicopters, 300 An–2 biplanes, and more than 100 support craft. About 70 percent of the fixed-wing aircraft are first- and second-
generation Soviet-made fighters and bombers, including MiG–15,
–17, –19, and –21 fighters and Il–28 fighter-bombers. The air force
also has many third- and fourth-generation Soviet-made aircraft such
as MiG–23 and MiG–29 fighters and Su–25 ground attack aircraft.

Among its rotor-wing fleet are a significant number of Mi–2s, Mi–4s, Mi–8s, Mi–17s, and Hughes–500 multirole helicopters.

Can I call you Alice now?
(I understand they aren't a threat per se because they are aging, and their pilots get an average of 20 hours flying time a year, just numbers that would have to be shot down)