I really like the fact that it is small, figthter-type ship without possibility of even getting certain systems. Directional shield is good idea, too.
What I don't like, hoever, is how ridiculously overpowered it is. As long as you keep away from asteroid fields, you're absolutely set up for mid-to-late game, with starting equipment. My suggestions - give it 4 shields from start (it's directional, so it ALWAYS will be very poor shield, no matter what, esp against drones), but remove weapon pre-igniter and Stealth Weapons. Give it long-range scanner, so it can avoid asteroid fields. Personally, I would remove one burst laser too, and replace it with single-shot one laser, but considering that it can only get 1 drone... Most people could find it too harsh.
Unlike others, I don't have problem with it being rock-head cut off. It really looks like pirate ship made from scrap, anywhere that was at hand at the moment. Basically, engines attached to part of older, larger ship wreckage. Only engi could do something like that, so replacing slug with one was good idea
Definitely subscribing, and waiting what will come out of it.
Cheers,
/Estel