The gameplay is very euro-ish and having a good economic engine is a prerequisite to be in competition to win. The combat is smooth and the game makes a good job in balancing a small amount of luck and a good deal of strategy. Basically the game is all about trying to influence your odds so that whenever a draw or a roll comes you're prepared.
I agree about the economic engine but I think 'small' is not the word that comes to mind with regards to Luck. It's good to be able to alter your ship designs and improve your odds. It's not quite so good that you might, by way of luck, gain unique ship parts and become unstoppable..
I'll need to play many more games before I discover strategic depths. For now I'll take your word that they are there.
Good job with the review.