As an arcadey space shooter it's pretty good, the puzzle solving gets pretty samey and annoying at times (and frustrating when you get lobbed a couple of crap green/blue items at the end of tedious one). The enemy AI gets very predictable and annoyingly scripted to a fault after a while, i can literally feel when a fresh batch of enemies will magically appear out of nowhere to pewpew and distract me from finding that one or three last thing(s). Having a rail gun and sticking a marksman catalyst on it(i started doing that pretty early) feels essential (i can leave it in the inventory and slot in as needed) just so i can start picking off the annoying groups 4.5km out.
Flak is great though (definitely one of my preferred weapons), one shot mining deposits, (also) clears mines great and a really nice AOE hitter with good range.
It's definitely not Freelancer (it was good for it's time), and there is a remake out there if you really want to play it again, but i don't think the imagined experience of an old game really holds up (everything was magic and amazing all those years ago).
On steam sale, 20 squids or less, solid buy, i'd not suggest it unless it's your genre of game otherwise. I've put more hours into indie games with a fraction of the budget at a fraction of the price. It's a good shooty shooty space game, but... just but... just get it on sale and enjoy for what it is.