World Of Warcraft: Time to hit the sky

Do you have to be 70 to get the basic flying mount, or only 60?

You have to be lvl 70.

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I've been told flying mounts are now purchaseable in Beta. Is it true that getting up to 150 skill (epic land mount skill) is necessary for a flying mount?

Don't worry about the skill needed - just like any other riding skill it's something you buy, and start saving your gold because the fastest mount will cost 5.000 gold.