IHOTWAIT (It Hangs On The Wall And It Ticks)

[Boikat]

Is IT a real fish?

Yes.

Is IT a fresh water fish?

No.

IT is famous for being out of IT's element.

Yes: Fish, real.

Sort of:

No: A type of atom, Sarcopterygii, Tetrapod, Babel fish, mudskipper fresh water fish.

[Qray]

Is it a Flying Fish?

[Boikat]

Is IT a Flying Fish?

Yes IT is.

All yours and be sure to duck!

[Qray]

Trixy you are. An aviation twist you did have.

Ok, new game.

Though some thought it was, it was not the first to Australia.

[who me]

is it your yellow motorcycle ?

is it a person ?

[Qray]

It is not my yellow motorcycle.
It is a person.

Though some thought it was, it was not the first to Australia.

Yes: A person.
Sort of:
No: Ducati 748.

[nightlock]

Is IT a ship?

[Merle]

Was IT a European?

Was IT James Cook?

Edited to substitute the second guess.

[Qray]

It is not a ship and the journey it made wasn't on a ship.
Was it European? Sort of. It was born in Europe, but moved to America and considered itself an American.
It was not James Cook.

Though some thought it was, it was not the first to Australia.

Yes: A person. American.
Sort of: European.
No: Ducati 748. A ship. James Cook.

[who me]

was it a explorer ?

does it have something to do with the Peñon Woman III, and the Pericu migration from Australia to the Americas ?

[Qray]

My sincerest apologies, I just noticed I've been making a typo. It is suppose to be the first "in" not the first "to." As amends, I extend this clue...it is aviation related.

It was not an explorer.
It does not have something to do with the Peñon Woman III, and/or the Pericu migration from Australia to the Americas. (That's pretty amazing stuff though. I wasn't previously aware of it.)

Though some thought it was, it was not the first in Australia.

Yes: A person. American. Aviation related.
Sort of: European.
No: Ducati 748. A ship. James Cook. An explorer. Pertain to Peñon Woman III, and/or the Pericu migration.

[who me]

!#@%it is aviation related.!!!!