This is a great addition to the Star Fleet Universe allowing quick play of battles involving multiple ships per side with enough chrome to keep the feel of Star Fleet Battles without the complexity of more detailed systems.
The deluxe version has more background detail, some painting hints for minitures and few other things over the basic version and worth the extra dollars. Layout is very nice with the only negative being a lack of a consolidated combat table to show dice rolls to hit, damage and explaination of the weapon details without flipping back and forth through the rules. No big detail as we made our own but new players could benefit by having everything at hand for the first few games.
Based on the publishers website this should be well supported with future supplements to add more races, ships and probably options/complexity. The system is clean and allows for a lot of house rule options to add more complexity if that is what you are looking for. System is geared towards minitures but can easily be converted to hex and cardboard.
If you want to play Federation and Empire and game out some of the battles in detail this might be the engine to make it happen.
Pros: Star Fleet, fun, not much book keeping, great feel for the genre. Easy to teach new players.
Cons: Very little, maybe add a consolidated combat chart.