At first great, but overtime more and more problems come up...
But anyway you can have a lot of fun with this game, thanks to its freestyle gameplay. You can do more or less what you want, of course in a limited range. At some point you probably still want to become friends and get these damn dominators, no matter what path you chose.
The real letdown here is when you get near to the end of the upgrading system. Not only you will equip better and better stuff on your ship, but everyone else too... So maybe you have the nice stuff for some time, but eventually they will have it too, no matter what! So yes you can upgrade again and for some time stay ahead once again, but you and them will get the best stuff possible sooner or later and then it becomes kinda boring. (Happens kinda fast sadly)
But if you like lot of text, space rangers and stuff like that, you probably want to consider this.